By Michele Maatouk
Date: Wednesday 22 Feb 2023
LONDON (ShareCast) - (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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| Currency | UK Pounds |
| Share Price | 141.40p |
| Change Today | 1.00p |
| % Change | 0.71 % |
| 52 Week High | 161.20p |
| 52 Week Low | 113.50p |
| Volume | 1,733,810 |
| Shares Issued | 1,953.18m |
| Market Cap | £2,761.79m |
| Beta | 1.11 |
| Value |
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| Price Trend |
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| Income |
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| Growth |
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| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 21-Aug-25 | 24-Apr-25 |
| Paid | 01-Oct-25 | 30-May-25 |
| Amount | 1.90p | 1.80p |
| Time | Volume / Share Price |
| 15:34 | 1 @ 141.00p |
| 15:34 | 2 @ 141.00p |
| 16:35 | 905,662 @ 141.40p |
| 16:35 | 1,258 @ 141.40p |
| 16:35 | 9,008 @ 141.40p |
| CEO | Ian Hawksworth |
| CFO | Situl Jobanputra |
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