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Capital & Counties and Shaftesbury merger completed

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Shares of the new entity, Shaftesbury Capital Plc will start trading on the London Stock Exchange and JSE on Tuesday

An all-share merger between the UK’s biggest real-estate groups, Capital & Counties Properties and Shaftesbury, became effective on March 6 after months of awaiting regulatory approvals.

On news of the completed merger, Capco’s share price gained 6.97% to R28.39 during afternoon trade on Monday. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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