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ukMcCarthy & Stone Plc (LON:MCS), has entered a development partnership with England’s largest not-for-profit provider of specialist housing, Anchor Hanover.
The partnership will result into country's two prime retirement providers offering a range of 'affordable for all' later living communities across England.
To start with the two companies will first deliver 482 units across five large-scale sites, currently owned by McCarthy & Stone and have planning consent.
The indicative gross development value would be around £125 million, and Anchor Hanover will pay a total of £67 million for the development of 316 Extra Care apartments.
MCS shares on 1 October 2020, at the time of writing, GMT 09:32 AM, were trading at GBX 70.60, up by 0.80 points or 1.15% against the previous day’s closing price Britvic Plc (LON:BVIC) has completed the sale of France located juice properties to Refresco, which apart from a Fruit brand also includes the three juice manufacturing sites and the related private label juice business.
The company has received the approval for the sale from the French Competition Authority in July this year.
The company, however, will keep hold of the Pressade and Fruit Shoot brands, to be produced by Refresco as part of a long-term alliance arrangement entered by the two.
BVIC shares on 1 October 2020, at the time of writing, GMT 09:31 AM, were trading at GBP 790.00, up by 31.00 points or 3.78% against the previous day’s closing price.
PCF Group Plc (LON:PCF) has released a trading update for the second half of the financial year ending 30 September 2020.
