Hyman and Reid launch bid for split cap

12 March 2004

HR Properties, a company controlled by two of BFS's directors, Harry Hyman and Tony Reid, is preparing to submit a 20.25p-a-share offer, which would value BFS's ordinary shares at £17.8m. This is just below BFS's net asset value of 20.4p a share at 30 September 2003.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue