UK·Acquisition·Other
British Land completes acquisition of Life Science REIT via scheme of arrangement
Value
Undisclosed
Location
London, Greater London, Greater London
Date
2026-04-20
Companies
British Land, Life Science REIT
An RNS announcement stated that the scheme of arrangement to implement British Land's recommended cash and share offer for Life Science REIT has become effective and that the entire issued and to be issued share capital of Life Science REIT is now owned by British Land. The announcement described the shareholder consideration under the scheme as 0.07 new British Land shares and 14.1 pence cash per scheme share.
reitpublic-marketslife-sciences
Source
London Stock Exchange RNS (via FT Markets)