Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Edison Investment Research
$10.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Primary Health Properties PLC Announces Proposed Acquisition Of Prime Public Partnerships (Holdings) Limited For GBP41.1 Million


Friday, 15 Nov 2013 02:00am EST 

Primary Health Properties PLC announced that it has agreed to acquire Prime Public Partnerships (Holdings) Limited (PPP), an investor in 54 healthcare facilities across the UK, for an estimated consideration of GBP41.1 million (subject to adjustment). The acquisition is subject to PHP shareholder approval. Acquisition of PPP for an estimated consideration of GBP41.1 million (subject to adjustment) representing the expected net asset value of PPP at completion. The consideration will be satisfied by the issue to the PPP vendors of new PHP Ordinary Shares at a price of 320p per share as follows: 12,577,771 initial consideration shares will be issued at completion; up to 513,378 further consideration shares may be issued following preparation of completion accounts, based on the actual net asset value of PPP at Completion; and 235,475 further consideration shares may be issued subject to the amendment of a PPP portfolio property lease within 12 months of completion. If all the Further Consideration Shares are issued this would be on the basis that the final consideration is equal to approximately GBP42.6 million. 

Company Quote

362.0
-2.25 -0.62%
24 Dec 2014