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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Abbey agrees to sell remaining shares to Gallagher Holdings for £14.4m; profit rises in H1 - Vimarsana News

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Abbey agrees to sell remaining shares to Gallagher Holdings for £14.4m; profit rises in H1

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Abbey agrees to sell remaining shares to Gallagher Holdings for £14.4m; profit rises in H1 | 10 December 2020 - Vimarsana News

Abbey agrees to sell remaining shares to Gallagher Holdings for £14.4m; profit rises in H1 | 10 December 2020

10 December 2020 | 09:45am StockMarketWire.com - Builder and property developer Abbey said it reached an agreement with Gallagher Holdings to sell the remaining shares the latter did not already own for £15.75 a share in a deal worth about £14.4 million. Gallagher Holdings will acquire the 4.38% of Abbey shares it does not already own. The offer of £15.75 for each Abbey Share, valued the company's entire issued ordinary share capital at approximately £328.8 million. The company also reported first-half results alongside the update, with pre-tax profit rising to €26.00m from €21.59m y...