.
MergerLinks Header Logo

New Deal


Announced

Completed

Capital & Counties Properties completed the merger with Shaftesbury in a £3.5bn deal.

Financials

Edit Data
Transaction Value£3,500m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales31.3x
EV/EBITDA78.65x
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Commercial REITs

real estate investment company

United Kingdom

Acquisition

Domestic

Merger

Friendly

Public

Single Bidder

Completed

Synopsis

Edit

Capital & Counties Properties, a United Kingdom-based property investment and development company, completed the merger with Shaftesbury, a British real estate investment trust, in a £3.5bn deal. "Today we are delighted to complete the merger, bringing together two highly complementary portfolios to create the leading central London mixed-use REIT, Shaftesbury Capital. We look ahead with confidence, with an experienced and talented team, to deliver long-term economic and social value for stakeholders and contribute to the success of the West End," Ian Hawksworth, Shaftesbury CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US