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8 days ago
BRIEF-City of london Group agrees reverse takeover of Milton Homes
August 11, 2017 / 6:07 AM / 8 days ago

BRIEF-City of london Group agrees reverse takeover of Milton Homes

Aug 11 (Reuters) - City Of London Group Plc

* Company proposes to buy Milton Homes, a provider of equity release products for residential property, for 20.2 million pounds

* Consideration for acquisition will comprise 13.2 million pounds in new ordinary shares in City of London Group and 7 million pounds in cash.

* Acquisition will constitute a reverse takeover Source text for Eikon: Further company coverage:

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