Redefine renews cautionary on potential merger

Posted On Friday, 31 December 2010 02:00 Published by
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Redefine International plc, was still in conversation with Wichford's board and advisers Rothschild regarding a combination of Redefine and Wichford.

Redefine Properties International said on Thursday that its subsidiary, Redefine International plc, was still in conversation with the UK-based company Wichford's board and advisers Rothschild regarding a potential combination of Redefine International plc and Wichford.

Redefine International plc has a 21.7% shareholding in Wichford.

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

RIN is part of property fund Redefine Properties' stable.

Source: I-Net Bridge

Publisher: I-Net Bridge
Source: I-Net Bridge

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