The boards of NewRiver REIT plc and Capital & Regional plc have reached agreement on the terms and conditions of a recommended cash and share offer pursuant to which NewRiver will acquire the entire issued and to be issued share capital of Capital & Regional. Scheme shareholders will be entitled to receive: for each Capital & Regional share: 31.25 pence in cash; and 0.41946 new NewRiver shares. Te terms imply a value of 62.5 pence per Capital & Regional share and approximately 147 million pounds for the entire issued, and to be issued, ordinary share capital of Capital & Regional.
Capital & Regional shareholders will, in aggregate, receive approximately 98,527,475 new NewRiver shares and, immediately following completion, will own approximately 21 percent of the issued ordinary share capital of NewRiver.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.