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BRIEF-Capital & Regional says exchanged contracts for acquisition of exchange centre for £78 million
March 6, 2017 / 7:15 AM / 7 months ago

BRIEF-Capital & Regional says exchanged contracts for acquisition of exchange centre for £78 million

March 6 (Reuters) - Capital & Regional Plc

* Unconditionally exchanged contracts for acquisition of exchange centre, ilford from a Meyer Bergman Fund for £78 million

* Acquisition will be funded from group’s existing cash resources

* Acquisition will also be funded from group’s new seven year debt facility of £39 million

* Total final consideration will involve a small adjustment for working capital amounts to be agreed shortly after completion Source text for Eikon: Further company coverage:

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