Finance

LXi agrees £3bn deal to take over Secure Income

By 2022-05-11T06:49:00

Nick Leslau

LXi REIT has agreed a £1.5bn deal to take control of Nick Leslau’s Secure Income REIT eight months after initial merger talks collapsed.

The reverse takeover deal, if approved by shareholders, will create a merged company valued at almost £3bn.

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