What stocks could outperform after a no-deal Brexit?
Joshua Warner December 17, 2020 3:39 PM
A no-deal Brexit would threaten to disrupt many businesses, but what stocks could outperform the wider market? Share:
Top Brexit-proof stocks to watch
A no-deal Brexit is expected to impact most businesses one way or another. Some would see their supply chains disrupted by border checks. Others would see the cost of trading increase thanks to new tariffs. Certain sectors may struggle to find the materials and labour they rely on. Even those UK companies that focus on the domestic market will be affected by a weaker pound and the impact on the UK economy.
By BFN News | 09:36 AM | Thursday 10 December, 2020 The board of Primary Health Properties (PHP) has entered into a conditional share purchase agreement to internalise the company s management function by acquiring Nexus Tradeco Holdings, subject to shareholder approval.
Nexus Tradeco Holdings is the holding company of its longstanding external property adviser Nexus Tradeco and certain subsidiaries, including Nexus s primary care development business.
PHP has agreed to acquire the entire issued ordinary share capital of Nexus Tradeco Holdings for £33.1 million (subject to a completion net assets adjustment), comprised of £16.55 million payable in cash and £16.55 million. This will be met by issuing 11,485,080 new ordinary shares priced at 12.5 pence each in the share capital of PHP at a price of 144.1 pence per share.