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| Name | Symbol | Market | Type |
|---|---|---|---|
| J Sainsbury Plc (QX) | USOTC:JSAIY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.65% | 14.02 | 10.71 | 17.00 | 14.24 | 14.01 | 14.029 | 13,173 | 21:33:20 |
From Aug 2019 to Aug 2024
By Maryam Cockar
ACQUIRER: M&G Real Estate
SELLER: The Harvest Partnership, a joint venture between Land Securities Group PLC (LAND.LN) and J Sainsbury PLC (SBRY.LN).
TARGET: Selly Oak Shopping Park in Birmingham, U.K.
PRICE: 94 million pounds ($125.5 million)
STRUCTURE: Landsec will receive 50% of the proceeds.
RATIONALE: Enables Landsec to crystallize the value of the 91% prelet retail development.
STOCK MOVE: Landsec shares up 5.30 pence, or 0.6%, at 940.30 pence; Sainsbury shares up 1.70 pence, or 0.5%, at 317.30 pence.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
June 04, 2018 11:04 ET (15:04 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year J Sainsbury (QX) Chart |
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