Vukile Property Fund Limited (JSE:VKE) made a non-binding indicative proposal to acquire Capital & Regional Plc (LSE:CAL) from Growthpoint Properties Limited and other shareholders on April 19, 2024. The offer consideration will be possibly satisfied from a combination of cash and stock. Ben Stoop, Stuart Ord, and William Rance from Numis Securities Limited, Mark Young, Nick Harland and Jonathan Wilkes-Green of Stifel Nicolaus Europe Limited acted as financial advisors to Capital & Regional Plc.

Stephen Little, Geoff Iles, Marcus Jackson, Anthony Knox, Gbolawoyi Ajayi of Merrill Lynch International acted as financial advisors to Vukile Property Fund Limited.