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New Deal


Announced

Mid Wales Housing Association to merge with Tai Ceredigion.

Financials

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

Tags

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housing

Pending

real estate

Residential REITs

Acquisition

Private

Merger

Friendly

United Kingdom

housing association

Majority

Single Bidder

Synopsis

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Mid Wales Housing Association, a rental homes provider, agreed to merge with Tai Ceredigion, a provider of homes and services to a wide range of people. Financial terms were not disclosed. "This is an amazing opportunity for everyone concerned and we will be working hard to ensure a seamless transition. Our priority is to provide the highest quality bilingual services and support for existing and new tenants and leaseholder residents," Peter Swanson, Mid-Wales Housing Chairman.

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