Lone Star and McCarthy & Stone PLC (LSE: MCS, MCS.L) 630m (GBP) acquisition information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on January 28, 2021
Acquisition Details | Value |
---|---|
Acquisition Target Stock Name | McCarthy & Stone PLC |
Acquisition Target Stock Ticker | (LSE: MCS, MCS.L) |
Acquirer Name and Ticker | Lone Star |
Announcement Date | October 23, 2020 |
Target Attitude | FRIENDLY TAKEOVER |
Expected Completion Date | TBA |
Deal Value | 630m (GBP) |
Offer Price | 115 pence (GBP) |
Payment Method | All Cash Deal |
Initial Announcement | Press Release |
Investor Relations | Marina.Calero@mccarthyandstone.co.uk |
Actual Completion Date | January 28, 2021 |
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McCarthy & Stone PLC (LSE: MCS, MCS.L) Acquisition
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McCarthy & Stone PLC (LSE: MCS, MCS.L) Acquisition - Merger News and Events
The major acquisition news updates & events of McCarthy & Stone PLC (MCS) by Lone Star are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the Lone Star buyout of McCarthy & Stone PLC (MCS) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments.
Following the acquisition news section, there is an in-depth company profile.
McCarthy & Stone PLC Company Profile
McCarthy & Stone plc, together with its subsidiaries, operates in the retirement housing market in the United Kingdom. The company designs, builds, manages, and sells retirement developments. It offers retirement living developments, which provide apartments for customers aged 60 and over; and retirement living plus developments, which are designed for customers aged 70 and over, as well as offers retirement properties with management services, domestic assistance, personal care, and additional support. McCarthy & Stone plc was founded in 1977 and is headquartered in Bournemouth, the United Kingdom.
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