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West Midlands: Chelsfield to buy final 10% of Merry Hill with rights issue

Property developer Chelsfield is raising £102m, with a 3-for-10 rights issue at 220p a share. Monies raised will be used to buy the 10% of the Merry Hill Shopping Centre in the Midlands that it does not own for £10.3m.

  • The Daily Telegraph 22/05/96 page 31
  • Financial Times 22/05/96 page 27, page 30
  • The Times 22/05/96 page 27, page 28 (Tempus), page 41 (Homes)
  • The Independent 22/05/96 page 22 (The Investment Column)
  • The Guardian 22/05/96 page 18

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