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 | 159.70p |
Change Today | -1.50p |
% Change | -0.93 % |
52 Week High | 162.70p |
52 Week Low | 113.50p |
Volume | 12,372,703 |
Shares Issued | 1,953.18m |
Market Cap | £3,119.23m |
Beta | 0.01 |
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Latest | Previous | |
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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 |
17:06 | 6,925,496 @ 160.00p |
17:05 | 21,646 @ 159.75p |
17:05 | 461 @ 160.95p |
17:05 | 67,571 @ 160.95p |
16:46 | 550,688 @ 160.14p |
CEO | Ian Hawksworth |
CFO | Situl Jobanputra |
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