A sufficient number of the shareholders of UK mall owner Capital & Regional indicated they would accept the sale of a controlling stake to SA’s real estate firm Growthpoint Properties, the company said on Thursday.

Growthpoint had received valid acceptances from about 46.9% of Capital & Regional shareholders on Wednesday afternoon, meeting the acceptance threshold of 30.2%...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now