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    UK's NewRiver REIT to buy Capital & Regional in $196 mln deal

    Picture of Newriver Reit logoNewriver Reit
    24/09/2024 07:26
    Sept 24 (Reuters) - Britain's NewRiver REIT  NRRT.L 
would buy smaller rival Capital & Regional Plc  CAL.L  in a
stock-and-cash deal valued at about 147 million pounds ($196.1
million), the shopping centres and retail parks owner said on
Tuesday.
    

($1 = 0.7497 pounds)

 (Reporting by Aby Jose Koilparambil in Bengaluru)
 ((abyjose.koilparambil@thomsonreuters.com))

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