Segro has received an 86.53% take-up for its placing and open offer to raise £250m to fund the purchase of Brixton, its rival. The remaining 13.47% will be allocated to investors.
The Times
Segro has received an 86.53% take-up for its placing and open offer to raise £250m to fund the purchase of Brixton, its rival. The remaining 13.47% will be allocated to investors.
The Times
2009-08-25T08:45:00
Segro has completed the biggest property company takeover of the downturn so far and successfully bought its industrial rival REIT, Brixton.
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