Repeat & Correct: Wellness Unity Increases Civitas Social Housing Stake to 17.05%
May 24 2023 - 10:52AM
Dow Jones News
Wellness Unity has bought a roughly 10% stake in Civitas Social
Housing, bringing its total stake to 17.05%. "Civitas Social
Housing Sell GBP82.7 Mln Worth Shares to Wellness Unity," at 1317
GMT, incorrectly said Civitas Social Housing sold shares to
Wellness Unity in the headline. It also incorrectly said that the
newly acquired stake was worth GBP82.7 million. The total 17.05%
stake is worth GBP82.7 million.
Wellness Unity Increases Civitas Social Housing Stake to
17.05%
By Christian Moess Laursen
Civitas Social Housing said Wednesday that Wellness Unity--a
wholly-owned indirect subsidiary of CK Asset Holdings--has bought a
roughly 10% stake in the company.
The acquisition increases Wellness Unity's shareholding in
Civitas to 17.05%, which is worth around 82.7 million pounds
($102.7 million).
In a regulatory filing, the real-estate investment trust said
Wellness Unity owns 103.4 million shares. It previously owned 7.07%
of Civitas's issued share capital.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
May 24, 2023 10:37 ET (14:37 GMT)
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