Goodheart Trust acquired Market Tech Holdings for £892.5m.

Goodheart Trust acquired Market Tech Holdings, a residential and commercial property developer, for £892.5m. The offer represents a premium of approximately 29.66% to the closing price of 145 pence per Market Tech Share on 20 April 2017. Commenting on the Offer, Neil Sachdev, Chairman of Market Tech, said: "The Independent Market Tech Directors have reviewed this cash offer in light of the potential of the Market Tech business whilst also considering the impact of both uncertain market conditions and the current rating for listed UK real estate companies with large scale long term developments. Against this background, the Independent Market Tech Directors believe the cash offer provides shareholders with a certain opportunity to realise future potential value today, at an attractive premium to the current share price."