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QuotedData’s morning briefing 18 February 2021

In QuotedData’s morning briefing 18 February 2021:

  • SEGRO (SGRO) says its French subsidiary is making a tender offer for the 5.6% of Sofibus Patrimoine that it doesn’t already own. SEGRO’s offer is €313.71 per share.
  • Grainger (GRI – the residential property company) has made Robert Hudson its chief financial officer. Rob is currently chief finance and operations officer of St. Modwen Properties and from April 2020 was its interim chief executive, relinquishing this role when the new CEO joined in November. He has over 26 years’ experience in finance and real estate; immediately prior to St. Modwen he was group financial controller at British Land, from 2011-2015. From 2000-2011 he held senior financial roles at Experian. He is a qualified chartered accountant from PwC.
  • LXI’s fundraise starts today. The meeting to approve it will take place on 10 march and that will be the closing date for applications under the placing, open offer and offer for subscription. The result should be announced on 11 March.

We also have results from Brunner and Riverstone Credit Opportunities. Plus some good news from KKV Secured Loan

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