Redefine cautions on potential merger

Posted On Monday, 15 November 2010 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

 

Redefine Properties International, part of property stock Redefine's stable, announced on Monday that its subsidiary, Redefine International plc, was in conversation with UK company Wichford's board and advisers Rothschild regarding a potential combination of Redefine International plc and Wichford.

 

Redefine Property

 

 

 

 

 

 

 

Redefine International plc has a 21.7% shareholding in Wichford.

These conversations are at an early stage and there can be no certainty that any transaction will be forthcoming nor that the required regulatory approvals for any transaction would be obtained, RIN said.

Linked unitholders are accordingly advised to exercise caution when dealing in RIN's securities.

Last modified on Monday, 21 April 2014 15:58

Most Popular

Where is the housing market headed in 2021? Dr Andrew Golding comments

Jan 19, 2021
Andrew_Golding_Golding_PropertyGroup
After the worst economic downturn in decades, further dampened by the recent tightening…

Please publish modules in offcanvas position.