EUROZONE

Translate

Slideshow

EUROFINANCE

Wednesday 24 November 2010

CSC in talks over £1.6bn Trafford Centre deal


01:30 |

FT.com / Companies / Property - CSC in talks over £1.6bn Trafford Centre deal: "Capital Shopping Centres is in advanced talks to buy the Trafford Centre in a share-based transaction that would value the giant shopping mall near Manchester at £1.6bn including debt, making it the UK’s largest property deal.
The centre is currently owned by Peel, a family property company controlled by John Whittaker, who would become CSC’s biggest shareholder and deputy chairman if a deal went through.
EDITOR’S CHOICE
Westfield set to spin off Australian unit - Nov-02Lloyds behind £4bn in UK property deals - Nov-18Citigroup tower priced at £1bn - Nov-03CSC would also carry out a placing of new shares worth up to 9.9 per cent of the company’s market capitalisation which, based on Tuesday’s closing price, was £2.2bn."


You Might Also Like :


0 comments:

Related Posts Plugin for WordPress, Blogger...