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SVS Savills Plc

1,064.00
12.00 (1.14%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Savills Plc LSE:SVS London Ordinary Share GB00B135BJ46 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  12.00 1.14% 1,064.00 1,060.00 1,064.00 1,078.00 1,056.00 1,056.00 151,300 16:35:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 2.24B 40.8M 0.2998 35.42 1.45B

Savills PLC Acquisition (3650C)

28/09/2018 12:28pm

UK Regulatory


Savills (LSE:SVS)
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TIDMSVS

RNS Number : 3650C

Savills PLC

28 September 2018

28 September 2018

Acquisition of Minority Interest in DRC Capital LLP

Further to the announcement on 26 July 2018 of the proposed acquisition of a 25% interest in DRC Capital LLP ('DRC') by Savills Investment Management, Savills plc, the international real estate advisory firm, announces that the transaction completed on 28 September 2018.

As also announced on 26 July 2018, the partners of DRC have granted Savills Investment Management a call option to acquire the remaining 75% interest in DRC on the third anniversary of the completion of the initial transaction.

The acquisition adds a strategic debt investment capability to the Savills Investment Management platform.

For further information please contact:

Savills Tel: +44 20 7499 8644

Nick Cooper, Chairman, Savills Investment Management

Simon Shaw, Group Chief Financial Officer, Savills plc

David Allchurch / Elizabeth Snow

Tulchan Communications Tel: +44 20 7353 4200

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

September 28, 2018 07:28 ET (11:28 GMT)

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