F&C, UKCPT Pen £1.6B Real Estate Merger
The deal, revealed Wednesday, is expected to result in the United Kingdom's sixth-largest property company, according to F&C.
The acquisition will be effected through a voluntary solvent liquidation of F&C and the issue of new ordinary shares by UKCPT, the company said.
The move comes after UKCPT sold off a 16.5...
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