There were three departures from AIM during July, including one that moved to the Main Market. The other two were taken over. On top of that, Immediate Acquisition was cancelled and immediately returned as digital bank Fiinu (LON: BANK).
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7 July 2022
Secure Income REIT
Fully listed LXi REIT (LON: LXI) made an agreed offer for Secure Income REIT, which valued the property investor at £1.5bn. The bid was based on the comparative March net tangible asset valuations and is 3.32 LXi shares for each Secure Income REIT share. There is a partial cash alternative of 118.88p and 2.488 ...
