Risers and Fallers

FTSE 250 movers: Balanced Commercial surges on Starwood cap agreed bid

By Frank Prenesti

Date: Wednesday 04 Sep 2024

(Sharecast News) - FTSE 250 (MCX) 20,793.18 -0.07%
Balanced Commercial Property Trust has agreed to be bought by private investment firm Starwood Capital for £673.5m.

Under the terms of the agreement announced on Wednesday, BCPT shareholders will receive 96p per share in cash. This represents a premium of around 21.5%...

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