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Redefine Buys Out Minority Shareholder In European Portfolio Manager

14th May 2014 15:37

LONDON (Alliance News) - Redefine International PLC said Wednesday that it had acquired the remaining 10% interest in Redefine International Fund Managers Europe Ltd, the manager of its European portfolio.

It will buy the share via the issue of 444,754 shares in Redefine to the current minority shareholder.

Shares in the real estate investment trust closed at 6.30 pence Wednesday.

By Hana Stewart-Smith; [email protected]; @hanassallnews

Copyright 2014 Alliance News Limited. All Rights Reserved.


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