Pacific ends link with Savills

16 March 2001

It sold its 19.6% stake in Savills for £29.3m. The 12.2m shares were placed with a variety of institutional investors at 240p each – a 5.5% discount to Savills' then price of 254p. Investment banks ABN Amro and ING Barings were appointed joint lead managers for the sale earlier ...

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