CSC revises bid for Trafford Centre

first_img John Dunne Friday 7 January 2011 2:56 am Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share Tags: NULL Capital Shopping Centres (CSC) has announced new terms for its proposed acquisition of Manchester’s Trafford Centre from Peel Group.CSC said the shares for The Trafford Centre will be issued at 400p rather than the 368p originally agreed.The number of shares Peel will receive has been cut to 205.9m, from 224.1m as a result of the new deal.Peel’s holding in CSC will be cut to 23.2 per cent from the original 24.7 per cent that was on the table.Peel chairman John Whittaker said: “The Trafford Centre is an outstanding retail and leisure destination in its own right. Its mix of retail, entertainment, theatre, leisure and sporting facilities has driven significant year-on-year growth in footfall which has led to substantial value out-performance. This successful formula applied to CSC’s portfolio will provide a unique platform for growth for the benefit of all CSC shareholders.” whatsappcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com CSC revises bid for Trafford Centre Show Comments ▼last_img

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