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


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. Financial terms of the transaction were not disclosed. 

Company Quote

1161.0
3.0 +0.26%
21 Nov 2014