Date: |
October 2014 |
Deal Size: |
Public takeover of Rugby Estates Limited (formerly Rugby Estates plc) by Lingfield Properties Ltd |
About the client: |
Lingfield Properties Ltd is a family owned, property investment company, which has invested in a number of property and property-related businesses in UK and Europe since 1989, capitalising on a varied range of opportunities.
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About the transaction: |
Lingfield acquired the entire issued share capital of Rugby Estates Ltd, a formerly AIM listed property investment company, through a recommended cash offer under the Takeover Code. The transaction facilitated a final exit for Rugby Estates shareholders while Lingfield acquired the existing cash balances and the remaining lease on a Mayfair property at an attractive valuation.
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Lead: |
Siobhan Sergeant |