Vukile Property Fund Limited cancelled the acquisition of Capital & Regional Plc from Growthpoint Properties Limited and other shareholders.
Vukile Property Fund Limited (JSE:VKE) cancelled the acquisition of Capital & Regional Plc (LSE:CAL) from Growthpoint Properties Limited and other shareholders on May 28, 2024. Vukile had engaged with Capital & Regional's largest shareholder, Growthpoint Properties Limited, to evaluate the potential terms and structure of a possible offer. However, Vukile has not been able to reach agreement with Growthpoint as to the terms and structure of any possible offer and therefore confirms that it does not intend to make an offer under Rule 2.7 of the Code.