Announced
Financials
Tags
Domestic
Single Bidder
United Kingdom
Acquisition
Friendly
Pending
Majority
property development
Real Estate Holding and Development
Public
Synopsis
Wellcome Trust, a non-profit organization that offers medical and health facilities, agreed to acquire Urban&Civic, a property investment, allied services, and commercial property development company, for $660m. "The acquisition provides a persuasive outcome for all stakeholders. The proposal rests on comprehensive industrial logic. Wellcome is steeped in property experience and has a strong record of alternative asset class investment," Alan Dickinson, U&C Chairman.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.