| From Bloomberg: London & Stamford Property Ltd., the company set up in November 2007 to take advantage of the U.K. real estate market slump, aims to raise a net 219.5 million pounds ($357 million) in a share sale to fund more acquisitions.
London & Stamford will sell 215 million new shares at 105 pence each, or 12 percent less than yesterday’s closing share price, to its existing shareholders and to new investors, the Guernsey-registered company said in a statement today........Full Article: Source
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