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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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LONDON BROKER RATINGS: BofA cuts Hammerson and upgrades Capco

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16 Sep 2021 16:04

UK dividends calendar - next 7 days

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1 Sep 2021 09:36

LONDON BROKER RATINGS: Morgan Stanley raises LandSec and British Land

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19 Aug 2021 16:03

UK dividends calendar - next 7 days

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16 Aug 2021 14:43

GRAPHIC-"UK for sale": Britain's year of private equity buyouts

By Joice Alves and Sujata RaoLONDON, Aug 16 (Reuters) - This year's unprecedented private equity buying spree in Britain is causing unease among politicians, trade unions and investors, about potential job losses and rising debt.But generous price...

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4 Aug 2021 09:35

LONDON BROKER RATINGS: Goldman Sachs says buy Just Eat Takeaway.com

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27 Jul 2021 11:17

Capital & Counties posts recovery in interim but still reports loss

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27 Jul 2021 09:46

Capital & Counties confident of long-term prospects despite falling portfolio valuation

(Sharecast News) - Property investment and development firm Capital & Counties said on Tuesday that it was confident in the long-term prospects for its prime central London locations despite a continued decline in its portfolio valuation throughout the first half of 2021.

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20 Jul 2021 15:53

UK earnings, trading statements calendar - next 7 days

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7 Jul 2021 12:14

LONDON MARKET MIDDAY: Gains ahead of Fed minutes; Wise starts trading

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7 Jul 2021 11:01

Berenberg initiates coverage on Shaftesbury and Capital & Counties at 'buy'

(Sharecast News) - Analysts at Berenberg initiated coverage on UK real estate firms Capital & Counties and Shaftesbury at 'buy' on Wednesday, stating both companies remained "well positioned to outperform" as the sector's recovery builds.

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7 Jul 2021 09:43

BROKER RATINGS: Berenberg says buy Shaftesbury, Capital & Counties

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7 Jul 2021 08:19

LONDON BRIEFING: Renishaw ends sales process without finding buyer

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