Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCAPC.L Share News (CAPC)

  • There is currently no data for CAPC

CMA clears Capco/Shaftesbury merger

Wed, 22nd Feb 2023 07:58

(Sharecast News) - West End landlords Capital & Counties and Shaftesbury said on Wednesday that the Competition and Markets Authority has cleared their £3.5bn merger.

The merger is now expected to complete on 6 March.

The companies announced last June that they had agreed an all-share merger that would create a combined group with a portfolio valued at around £5bn.

The combined group's portfolio will comprise approximately 670 predominantly freehold buildings with around 2.9m square feet of lettable space across 2,000 commercial and residential units.

Related News

Citi reiterates 'buy' rating on Shaftesbury
3 days ago

Citi reiterates 'buy' rating on Shaftesbury

(Sharecast News) - Citi reiterated its 'buy' rating on Shaftesbury Capital on Tuesday, driven by historically opportunistic valuation levels and signi...

Shaftesbury Capital reports positive start to 2026
14 May 2026

Shaftesbury Capital reports positive start to 2026

(Sharecast News) - Shaftesbury Capital said on Thursday that it had made a positive start to 2026, with strong leasing activity across its prime West ...

Shaftesbury Capital reports higher rental income, earnings
25 Feb 2026

Shaftesbury Capital reports higher rental income, earnings

(Sharecast News) - Shaftesbury Capital reported higher rental income, earnings and net tangible assets for 2025 on Wednesday, supported by continued s...

CAPC.L News

REPEAT: Capco to rename to Shaftesbury Capital after merger
3 Mar 2023

REPEAT: Capco to rename to Shaftesbury Capital after merger

Capital & Counties Properties PLC - London-based property investment and development company - Will change of name to Shaftesbury Capital PLC followin...

Shaftesbury and Capital & Counties merger scheme implemented
2 Mar 2023

Shaftesbury and Capital & Counties merger scheme implemented

(Alliance News) - Shaftesbury PLC on Thursday announced the scheme for its all-share merger with Capital & Counties Properties PLC is being implemente...

SThree to replace Shaftesbury in the FTSE 250 following merger
1 Mar 2023

SThree to replace Shaftesbury in the FTSE 250 following merger

(Alliance News) - FTSE Russell said on Wednesday that SThree PLC will be added to the FTSE 250 index, replacing Shaftesbury PLC which is being removed...

Capital & Counties focuses on Shaftesbury merger after annual loss
1 Mar 2023

Capital & Counties focuses on Shaftesbury merger after annual loss

(Alliance News) - Capital & Counties Properties PLC on Wednesday said there was strong momentum ahead of the completion of its all-share merger with S...

Capital & Counties slides as it swings to loss
1 Mar 2023

Capital & Counties slides as it swings to loss

(Sharecast News) - Capital & Counties reported a mixed year in its final results on Wednesday, with underlying net rental income increasing to £5...

Shaftesbury and Capco hail UK CMA decision to approve all-share merger
22 Feb 2023

Shaftesbury and Capco hail UK CMA decision to approve all-share merger

(Alliance News) - Capital & Counties Properties PLC and Shaftesbury PLC on Wednesday welcomed the UK Competition & Markets Authority's decision not to...