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Housebuilder Wilson Connolly has purchased Chester-based rival Wainhomes for £132.5 million, including £70.7 million of acquired debt. The acquisition will be finalized by May and gives the publicly-listed company, based in the south of England, market strength in the north and northeast.Wilson Connolly, which builds homes under the Wilcon title, now has nearly 18,000 plots with planning consent - three-and-a-half years' supply at Wilson Connolly's current build rate.

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