LondonMetric and Urban Logistics REIT have reached agreement on the terms of a recommended cash and share offer in which LondonMetric will acquire Urban Logistics for £698.9m. Each Urban Logistics share will be entitled to receive 0.5612 new LondonMetric shares and 42.8p in cash. On the basis of LondonMetric’s closing price of 191.5p, the acquisition values … Continue reading LondonMetric firms up £698.9m bid for Urban Logistics