15 May 2015 15:15
Property investment group Hansteen Holdings has completed the sale of its UK Industrial Property Unit Trust II for £192.1m. In a short statement released on Wednesday, the FTSE 250 group said the fund, a UK multi-let predominantly industrial property portfolio launched in 2013, was sold to a fund ad
Read morePace, the UK cable television set-top box maker, surged after agreeing to be taken over by US telecommunications equipment manufacturer Arris in a $2.1bn deal. Pace management have agreed that Arris will pay Pace shareholders 426.5p in cash and stock, a 28% premium to the closing price on Wednesday.
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