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Tag: Housebuilder

St. Modwen accepts Blackstone’s raised $1.75 bln take-private offer

Housebuilder and logistics firm St. Modwen Properties (SMP.L) said on Thursday it has agreed to a sweetened 1.25 billion pounds ($1.75 billion) offer from U.S. private equity firm Blackstone (BX.N) to take it private.

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