Shaftesbury remains in Capco’s sights

Carnaby Street

Capital & Counties (Capco) has fuelled speculation of a takeover attempt of Shaftesbury by taking its shareholding in the group to more than 25% today.

Following this morning’s announcement from Shaftesbury that it is seeking to raise up to £307m via a share placing Capco committed to subscribe for £65m of the shares at 400p a piece. 

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