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New Deal


Announced

Completed

IKEA completed the acquisition of Churchill Square Shopping Centre for £145m.

Financials

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Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

United Kingdom

Completed

Friendly

shopping centre

Diversified Retailers

Acquisition

Majority

Private

Single Bidder

Synopsis

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IKEA, a global home furnishings retailer, completed the acquisition of Churchill Square Shopping Centre, a shopping facility in Brighton, for £145m. "Despite economic and geopolitical instabilities, we remain committed to making a positive difference in our customers' lives - especially for those with the thinnest wallets." Peter Jelkeby, UK and Ireland chief executive IKEA.

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