Picton ‘minded to recommend’ raised offer
The board of Picton Property Income (LON:PCTN) said it was ‘minded to recommend’ the raised offer from LondonMetric (LON:LMP) and Schroder Real Estate (LON:SREI). The two firms made an initial offer on 12 May after Picton initiated a strategic review to maximise value for shareholders. Raised offer Under the revised terms of the offer, Picton … Continue reading Picton ‘minded to recommend’ raised offer
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