Capital & Regional PLC's Proposed Deal with NewRiver REIT

Capital & Regional PLC is considering a proposed offer from NewRiver REIT PLC. The deal involves 31.25 pence in cash and 0.41946 new NewRiver shares per Capital & Regional share, totaling approximately £147 million.

Capital & Regional PLC is currently evaluating a proposed offer from NewRiver REIT PLC.

The deal suggests a payment of 31.25 pence in cash, along with 0.41946 new NewRiver shares for each Capital & Regional share.

The overall transaction is valued at approximately £147 million, according to the latest statement.

(With inputs from agencies.)