Wellcome Trust inks £506m takeover of Urban & Civic

Manydown Urban & Civic SnipImage

Urban & Civic delisted from the stock exchange on Thursday

Charitable foundation the Wellcome Trust has finalised its £506m takeover of developer Urban & Civic, it confirmed yesterday.

The entire issued share capital of Urban & Civic is now owned by the Wellcome Trust and the former has been delisted from the stock exchange after the takeover was sanctioned by the court on Tuesday this week.

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