British Land Announces Sale Of 50% Meadowhall Stake
May 20 (Reuters) -British Land Company PLC BLND.L:
SALE OF 50% MEADOWHALL STAKE
EXCHANGED CONTRACTS FOR SALE OF ITS 50% STAKE IN MEADOWHALL SHOPPING CENTRE TO ITS PARTNER NORGES BANK INVESTMENT MANAGEMENT FOR £360M
IMPACT OF DEAL ON FY25 NTA PER SHARE IS EXPECTED TO BE NEGLIGIBLE AND FY25 EPS DILUTION IS ESTIMATED TO BE 0.6P PRIOR TO REINVESTMENT
Source text for Eikon: ID:nRST0055Pa
Further company coverage: BLND.L
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