By Joe Hoppe LXI REIT and LondonMetric Property said they have agreed to a merger, with LondonMetric buying LXI in shares, valuing the latter at around 1.9.
By Ian Walker LondonMetric Property and LXI REIT said late Monday that they are in talks for LondonMetric to buy LXI in shares, creating a company worth.
LondonMetric Property is in discussions to acquire the real estate investment trust LXi in an all-share merger, confirmed in a statement by the boards.
Lxi Reit (LXI) To Go Ex-Dividend on December 7th kopsource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kopsource.com Daily Mail and Mail on Sunday newspapers.
Lxi Reit (LON:LXI – Get Free Report)’s share price dropped 2.1% during trading on Thursday . The company traded as low as GBX 94.50 ($1.16) and last traded at GBX 96.20 ($1.18). Approximately 3,461,812 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 4,182,009 shares. The stock had […]