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Growthpoint to Sell Stake in NewRiver REIT Amid Buyback Plan
2articles
InvestmentFinancial Markets
Updated a few seconds ago

Growthpoint to Sell Stake in NewRiver REIT Amid Buyback Plan

Growthpoint will sell its stake in NewRiver REIT for 75 pence per share, while NewRiver plans to repurchase 47.7 million shares, reflecting strategic financial moves.

Related Articles
Growthpoint to sell stake in NewRiver REIT at 75 pence per share
NeutralFinancial Markets
Growthpoint plans to sell its stake in NewRiver REIT for 75 pence per share, indicating a strategic move in its investment portfolio.
Editor’s Note: This sale reflects Growthpoint's strategy to optimize its investments, which could impact its financial standing and future projects.
NewRiver REIT to repurchase up to 47.7 million shares from Growthpoint
PositiveFinancial Markets
NewRiver REIT plans to buy back 47.7 million shares from Growthpoint, signaling confidence in its financial health and strategy.
Editor’s Note: This buyback reflects NewRiver's strong position and aims to enhance shareholder value, which is a positive sign for investors.

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