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Provider: Reuters Investment Profile
Provider: Wright Reports

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Capital & Regional PLC Announces Completion Of Disposal Of X-Leisure Business To Land Securities Group PLC's Subsidiary

Thursday, 17 Jan 2013 02:00am EST 

Capital & Regional PLC announced that the disposal of its 11.9% stake in the X-Leisure Fund and its 50% interest in X-Leisure Limited to a subsidiary of Land Securities Group PLC has completed. As detailed in the shareholder circular on the disposal of the X-Leisure business, published on December 21, 2012, the Company intends to use part of the disposal proceeds to buy back its own shares. 

Company Quote

-0.25 -0.54%
5:07am EDT