Potential merger talks between PA Housing and Accent that would have created a 44,000-home group have ended just two months after they began.
Paul Dolan, chief executive of Accent Group, said that following respective board meetings for the two providers earlier in the week, it had been decided not to progress the talks and that “discussions have ended”.
He added: “Our focus does not change because these discussions have ended. We remain committed to delivering high-quality homes and services to our customers and communities.
“We will continue to focus on driving our new and ambitious corporate strategy, and will harness positive and progressive partnerships where they enhance Accent’s already resilient business so we can continue to do more for our customers.”
Dilip Kavi, chief executive of PA Housing, said: “We will continue to focus on the delivery of our corporate plan objectives and everything we want to achieve to create even better homes and services for our customers. Our business is very resilient and we remain determined to lead the sector with our approach, and deliver even more for the communities we serve.”