St. Modwen Properties Provides Information to the Shareholders
June 24, 2021 at 12:00 am EDT
On June 24, 2021, St. Modwen Properties plc, announced that Blackstone Group Inc. on June 24, 2021, unveiled an increased offer for the Company, valuing the U.K. housebuilder and logistics and warehouse developer at £1.27 billion ($1.78 billion), a month after winning agreement from the Company's board for a less generous bid of £1.24 billion.