Slough tightens net on Bilton

Thursday 12 November 1998 00:02 GMT

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.

SLOUGH ESTATES, the property group, yesterday moved a step closer to winning control of Bilton, after buying a large chunk of its smaller rival's shares in the market.

Slough, pursuing a pounds 276m hostile bid for Bilton, bought around 13.5 per cent of Bilton shares at 307p, below the offer price of 313.5p. Dealers said the holding came from a large institution, believed to be Schroders, Bilton's largest shareholder with 17 per cent.

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

Slough tightens net on Bilton

Join our commenting forum

Thank you for registering