Avant Homes Holdings Limited made a preliminary, indicative proposals to acquire Crest Nicholson Holdings plc (LSE:CRST) on July 5, 2024. The transaction has been done in all-share combination of Crest Nicholson and Avant. The Avant proposal implied Avant shareholders, including its main shareholder, Elliott Investment Management, L.P. (together with its affiliates, "Elliott"), would own approximately 30 per cent. of the enlarged group. The board of Crest Nicholson has rejected an approach from the Elliott-backed Avant Homes. Barclays Bank PLC, Jefferies International Limited acted as advisor to Crest Nicholson.

Avant Homes Holdings Limited cancelled the acquisition of Crest Nicholson Holdings plc (LSE:CRST) on July 5, 2024.