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Panther doubles pretax profits

Panther Securities has almost doubled pretax profit to £2.1m and improved net assets per share by 26% in the year to December 31. Chairman Andrew Perloff is seeking a seat on the board of AIM-quoted Wynnstay Properties.Company File, p58.

Mercury buys stake in LandSec

Mercury Asset Management has bought a 10% stake in Land Securities, the UK’s largest property company. MAM is now Land’s biggest shareholder.

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