Capital & Regional (GB:CAL) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Capital & Regional has announced a recommended cash and share offer by NewRiver REIT, which involves a Scheme of Arrangement under UK law. The indicative exchange rate for settling the cash component of the offer for shareholders on the South African register is set at 1 GBP to 22.9865 Rand. Final details and a timetable for the transaction will be released shortly.
For further insights into GB:CAL stock, check out TipRanks’ Stock Analysis page.