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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.

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26 Feb 2020 08:38

Capital & Counties Net Asset Value Hurt By Covent Garden Revaluation

Capital & Counties Net Asset Value Hurt By Covent Garden Revaluation

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19 Feb 2020 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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28 Jan 2020 16:51

TR Property Hires Bicester Motion Property Director As Non-Executive

TR Property Hires Bicester Motion Property Director As Non-Executive

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17 Jan 2020 09:26

UK BROKER RATINGS SUMMARY: Kepler Likes UK Grocers Tesco, Sainsbury's

UK BROKER RATINGS SUMMARY: Kepler Likes UK Grocers Tesco, Sainsbury's

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9 Dec 2019 13:04

Capital & Counties Properties Confirms Switch To UK REIT Status

Capital & Counties Properties Confirms Switch To UK REIT Status

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2 Dec 2019 08:08

Capital & Counties To Become UK REIT; Completes Earls Court Sale

Capital & Counties To Become UK REIT; Completes Earls Court Sale

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2 Dec 2019 07:47

Capco to convert to UK REIT after Earls Court disposal

(Sharecast News) - Capital & Counties (Capco) said it will convert to UK real estate investment trust status before the end of the year after the £425m sale of its interests in Earls Court, .

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29 Nov 2019 09:23

UK BROKER RATINGS SUMMARY: Goldman Cuts St James's Place To Sell

UK BROKER RATINGS SUMMARY: Goldman Cuts St James's Place To Sell

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27 Nov 2019 14:02

FTSE 250 movers: Aston Martin accelerates, Future falls

(Sharecast News) - London's FTSE 250 was higher by 0.31% at 20,930.17 in afternoon trade on Wednesday, with Aston Martin Lagonda leading the index upward.

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27 Nov 2019 09:27

UK BROKER RATINGS SUMMARY: Morgan Stanley Downgrades Rolls-Royce

UK BROKER RATINGS SUMMARY: Morgan Stanley Downgrades Rolls-Royce

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19 Nov 2019 09:32

UK BROKER RATINGS SUMMARY: Jefferies Raises Intertek; UBS Cuts Segro

UK BROKER RATINGS SUMMARY: Jefferies Raises Intertek; UBS Cuts Segro

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15 Nov 2019 18:24

UPDATE: Candy Ventures Withdraws Takeover Offer For Capital & Counties

UPDATE: Candy Ventures Withdraws Takeover Offer For Capital & Counties

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15 Nov 2019 17:23

Capital & Counties To Sell Earls Court Interests For GBP425 Million

Capital & Counties To Sell Earls Court Interests For GBP425 Million

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14 Nov 2019 13:03

Peel Hunt upgrades Capital & Counties to 'buy'

(Sharecast News) - Peel Hunt upgraded its stance on shares of Capital & Counties to 'buy' from 'add' on Thursday, lifting the price target to 300p from 280p as it pointed to "significant upside" from a double disposal.

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31 Oct 2019 12:03

Property investor Madison earmarks $1 bln for central London despite Brexit

* Seeking residential, industrial property in central London* Top 10 investor in Capco, favours Earls Court sale to Delancey* Its City of London Houndsditch investment is for saleBy Carolyn CohnLONDON, Oct 31 (Reuters) - Property investor Madison I...

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