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 | 144.60p |
Change Today | 0.90p |
% Change | 0.63 % |
52 Week High | 153.90 |
52 Week Low | 113.50 |
Volume | 721,418 |
Shares Issued | 1,953.18m |
Market Cap | £2,824.30m |
Beta | 0.01 |
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Latest | Previous | |
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Final | Interim | |
Ex-Div | 24-Apr-25 | 22-Aug-24 |
Paid | 30-May-25 | 01-Oct-24 |
Amount | 1.80p | 1.70p |
Time | Volume / Share Price |
12:31 | 88 @ 144.60p |
12:31 | 295 @ 144.60p |
12:31 | 390 @ 144.60p |
12:31 | 347 @ 144.60p |
12:31 | 331 @ 144.60p |
CEO | Ian Hawksworth |
CFO | Situl Jobanputra |
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