MARKET REPORT: Billionaire’s offer sees property firm soar 55%
Property group Daejan Holdings rocketed after the billionaire family that controls it offered to take it private in a £270million deal. The Freshwater family already owns 79.5 per cent of the FTSE 250-listed company, and now wants to buy the remaining 20.5 per cent for 8050p per share. This is 56 per cent higher than the 5170p … Read more