WEEKEND PAPERS: City of London Group has agreed a reverse takeover of Milton Homes for £20.2m.
It is buying the shares from DV4, a fund advised by Delancey. The £20.2m comprises £13.2m in new City of London shares and £7m in cash.
The company also plans to raise £11m, comprising £7m from subscriptions and £4m through an open offer.
Click here for the full Times article (£)
