By David Parsley2019-09-11T07:44:00
Capital & Regional is in takeover talks with South Africa’s largest REIT.
The regional shopping group revealed it was in talks with Growthpoint Properties with the group potentially taking a majority stake in the company through a combination of a partial offer in cash for Capital & Regional shares and an injection of capital to support the company’s strategy through a subscription for new shares.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.