On the final day earlier than the provide interval commenced (22 Could 2024), the proposal made by NewRiver valued Capital & Regional at 62.5p per share, a determine that represents a 21% premium to the corporate’s closing share value on that date (51.5p).
NewRiver’s provide moreover represents an 18% premium to the half yr common value of 53p per share.
Right now’s information comes after NewRiver raised £50.2m from buyers because it ready to take over the UK purchasing centre landlord.
NewRiver REIT raises £50m to make doable takeover bid for Capital & Regional
Beneath the phrases of the newest deal,…