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St Modwen bidder enters loan agreement

Wed, 21st Jul 2021 09:02

(Sharecast News) - St Modwen Properties said the Blackstone-backed firm planning to take the UK residential property company private in a $1.75bn deal has entered into a loan agreement to fund the transaction.
Brighton Bidco Ltd and a co-borrower have entered into a credit facility for £1.15bn with RBC Europe Ltd, JP Morgan AG and United Overseas Bank, according to St. Modwen.
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17 Jun 2022 13:34

St. Modwen instructs Christie Group to sell the Trentham Estate

(Sharecast News) - Christie Group announced on Friday that its specialist leisure and retail property advisory subsidiary Christie & Co has been instructed to sell the Trentham Estate - a visitor attraction and leisure-based outlet retail and garden centre property - on behalf of St. Modwen Properties.

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9 Aug 2021 11:50

IN BRIEF: St Modwen Properties completes delisting following takeover

IN BRIEF: St Modwen Properties completes delisting following takeover

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4 Aug 2021 14:39

IN BRIEF: St Modwen's takeover by Blackstone approved by High Court

IN BRIEF: St Modwen's takeover by Blackstone approved by High Court

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30 Jul 2021 15:34

EXECUTIVE CHANGES: All change for ImmuPharma board as CEO departs

EXECUTIVE CHANGES: All change for ImmuPharma board as CEO departs

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27 Jul 2021 15:58

EXECUTIVE CHANGES: St Modwen taps CFO to replace Grainger-bound Hudson

EXECUTIVE CHANGES: St Modwen taps CFO to replace Grainger-bound Hudson

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27 Jul 2021 09:09

St Modwen names Rachel Kentleton as CFO

(Sharecast News) - Property investment and development business St Modwen Properties named Rachel Kentleton as its chief financial officer on Tuesday, effective from 6 August.

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21 Jul 2021 19:14

TRADING UPDATES: Fonix Mobile annual earnings grow; MySale cuts costs

TRADING UPDATES: Fonix Mobile annual earnings grow; MySale cuts costs

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21 Jul 2021 11:44

Blackstone agrees to GBP1.15 billion loan deal for St Modwen takeover

Blackstone agrees to GBP1.15 billion loan deal for St Modwen takeover

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20 Jul 2021 19:39

TRADING UPDATES: Boku interim revenue up; Arena Events wins new deal

TRADING UPDATES: Boku interim revenue up; Arena Events wins new deal

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14 Jul 2021 16:15

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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25 Jun 2021 08:48

TOP NEWS: UDG suitor CD&R mulls raising offer to GBP2.76 billion

TOP NEWS: UDG suitor CD&R mulls raising offer to GBP2.76 billion

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24 Jun 2021 11:12

LIVE MARKETS-Stock picks for the post-pandemic growth cycle

* European shares rebound* BoE policy meeting in focus* U.S. stock futures rise* German business morale rises, tops expectationsJune 24 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your ...

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24 Jun 2021 09:08

Top St Modwen shareholder Aviva Investors backs Blackstone offer

LONDON, June 24 (Reuters) - Top St Modwen Properties shareholder Aviva Investors said on Thursday it planned to back a revised 1.25 billion pounds ($1.75 billion) bid for the company from private equity firm Blackstone.The 560 pence a share offer ...

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24 Jun 2021 08:50

TOP NEWS: Blackstone makes GBP1.27 billion final offer for St Modwen

TOP NEWS: Blackstone makes GBP1.27 billion final offer for St Modwen

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