.
MergerLinks Header Logo

New Deal


Announced

Cromwell Property Group made a takeover approach to RDI REIT.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

real estate investment trust

Public

Failed

United Kingdom

Commercial REITs

Acquisition

Synopsis

Edit

Cromwell Property Group made a takeover approach to RDI REIT, an established UK REIT invested in a diversified portfolio in the United Kingdom and Germany. The offer was rejected an withdrawn on April 23, 2019. The transaction would be consistent with Cromwell’s strategy to work with its capital partners to grow funds under management and continue to expand its investment footprint in the UK and Europe.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US