Betaville Intelligence

UNCOOKED ALERT: Urban Exposure said to ... - Part 3

Friday, 5 June 2020, 9:05 am

Speculation is mounting a mystery suitor is set to launch a tender offer for some or all of Urban Exposure, the Aim-listed property finance company.

People following the situation said an unknown acquirer is weighing launching a tender offer at between 55p and 65p a share.

Urban Exposure has been carrying out a strategic review after receiving several proposals for its loan book, including one from the Wellesley Group, an investment company run by the Earl of Cowley...

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