Quintain to pay pounds 139m for Chelsfield

Tuesday 25 May 1999 00:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Quintain to pay pounds 139m for Chelsfield

QUINTAIN ESTATES has agreed to pay pounds 139m for Chelsfield Properties, the property company which owns Curzon Cinemas and eight West End theatres. Quintain yesterday offered 250p in cash and 1.294 new Quintain shares for each Chelsfield share. Quintain, which said it had received irrevocable undertakings for over 29 per cent of Chelsfield shares, said it would sell Curzon but retain the theatres, which include Wyndham's.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Quintain to pay pounds 139m for Chelsfield

Join our commenting forum

Thank you for registering