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Blackstone to buy FTSE listed property developer for £1.2bn - Vimarsana News

Blackstone to buy FTSE listed property developer for £1.2bn

Blackstone to buy FTSE listed property developer St Modwen for £1.2bn St. Modwen builds houses in the UK. US-based private equity firm Blackstone will buy property developer St. Modwen, in a deal that values the British firm at just more than £1.2bn. Directors at St. Modwen said they consider Blackstone’s offer to be fair, and as a result intend to unanimously recommend that shareholders vote in favour of the deal. Under the terms of the acquisition each St. Modwen shareholder will be entitled to receive 545 pence in per share in cash. Danuta Gray, chair of St Modwen, sa...

Source: cityam.com
Investegate |St. Modwen Props Announcements | St. Modwen Props: Form 8 (OPD) St. Modwen Properties PLC - Vimarsana News

Investegate |St. Modwen Props Announcements | St. Modwen Props: Form 8 (OPD) St. Modwen Properties PLC

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...

Investegate |St. Modwen Props Announcements | St. Modwen Props: Notice of Directorate Change - Vimarsana News

Investegate |St. Modwen Props Announcements | St. Modwen Props: Notice of Directorate Change

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines St Mowden CFOO set to join Grainger - Vimarsana News

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines St Mowden CFOO set to join Grainger

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional bod...