Tag: capital and regional

Growthpoint acquires Capital & Regional for R2.9bn

South Africa's largest listed real estate company, Growthpoint has signed one of the biggest merger and acquisitions deals yet with a R2.9 billion takeover of U.K based Capital and Regional. Growthpoint Group CEO, Norbert Sasse joins CNBC Africa for more.

Growthpoint scales up in UK as Brexit deal struck

The United Kingdom and the European Union have reached a draft Brexit deal in the eleventh hour of talks. This has happened on a day when South Africa’s largest listed real estate company Growthpoint is offering UK shopping centre owner Capital and Regional shareholders a premium of 100 per cent for their shares as they hope to have a controlling stake in the company. Joining CNBC Africa for more is Norbert Sasse, Group CEO of Growthpoint.