By David Parsley2022-05-09T06:55:00
Capital & Counties Properties and Shaftesbury are in advanced talks on a £3.5bn merger that would bring such London tourist destinations as Covent Garden and Soho into a single West End property giant.
The move comes after two years of speculation around such a deal following Capco’s deal to take a 26.3% stake in Shaftesbury, after paying Hong Kong tycoon Samuel Tak Lee £436m for his position in the company.
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