Capital Regional Tipped As Pounds 600m Takeover Target

Evening Standard - London › June 06, 2005

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Summary

MULTI-BILLION-POUND retail and leisure parks operator Capital Regional could be the next big quoted property firm to be on the takeover list.

Any suitor would have to offer about Pounds 600 million just to get the founding executives, led by major shareholders chief executive Martin Barber and his deputy Xavier Pullen, to the negotiating table.

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Capital Regional Tipped As Pounds 600m Takeover Target

Analysts say bidders would have to pay a premium of up to 10% on the share price, currently at an alltime high ...

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