CapReg in takeover talks with South Africa’s largest REIT

The Mall Walthamstow

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.

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