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Shaftesbury could receive takeover bid from Hong Kong billionaire

Sun, 16th Nov 2014 16:11

FTSE 250-listed property group Shaftesbury is expected to become the target of a bid takeover from a Hong Kong billionaire.Samuel Tak Lee's business, Prudential Enterprise, has grown its stake in the company above 5% in the past month, leading to rumours of a potential bid, the Sunday Times reported.The 75-year-old, who according to Forbes has amassed a fortune of £1.9bn, is reported to have increased his investment on the advice of Ahsan Ellahi, the chief executive of the Langham Estate.The estate owns a number of properties in central London neighbourhood Fitrovia.
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Shaftesbury warns on rents as portfolio value drops

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1 Jun 2020 09:04

TOP NEWS: Capital & Counties Buys 26% Stake In Shaftesbury

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UPDATE 2-Property firm Capco buys HK tycoon's stake in London rival Shaftesbury

* Capco buys Samuel Tak Lee's 26.3% stake in Shaftesbury* 'We consider acquisition a shrewd move' - analysts* Tak Lee withdraws legal proceedings against Shaftesbury (Adds CEO quote, analyst comments, share move)By Samantha MachadoJune 1 (Reuters) -...

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1 Jun 2020 07:36

Capital & Counties to buy 26.3% stake in Shaftesbury for £436m

(Sharecast News) - Capital & Counties Properties has agreed to buy a 26.3% stake in Shaftesbury for £436m.

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29 May 2020 06:53

TOP NEWS: Capital & Counties In Talks To Buy 26% Stake In Shaftesbury

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28 May 2020 18:49

Capital & Counties Confirms Talks To Take 26% Shaftesbury Stake

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Capital & Counties in talks over Shaftesbury stake acquisition

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