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