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Taylor Wimpey fails to secure funding, shares fall 46% Taylor Wimpey fails to secure funding, shares fall 46%



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Old 07-03-2008, 08:07 AM
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Post Taylor Wimpey fails to secure funding, shares fall 46%
Housebuilder Taylor Wimepy has announced that it has failed to secure £500 million from shareholders in a bid to shore up its balance sheet.Following the news today, shares in the company plummeted 46% to 32.25p. The company, which was formed by the merger of Taylor Woodrow and George Wimpey last July, said that if it [...]

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