Betaville Intelligence

RARE ALERT: Fletcher King said to ...

Thursday, 1 July 2021, 8:53 am

British property tycoon Elliott Bernerd is circling Fletcher King as part of a move that could see the Aim-listed chartered surveyor combine with Chelsfield.

People following the situation said Mr Bernerd has been holding negotiations with Fletcher King and some of its investors about buying a sizeable shareholding, possibly as much as 29.9pc, in the property company.

Some people following the situation suggested that the potential stakebuilding is part of a wider plan by Bernerd to secure a merger of Chelsfield with Fletcher King...

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