Wednesday, 26 January 2022

Tag Archives: UK property

Property tycoon Malik Riaz’s UK assets to be returned to Pakistan

LONDON: Pakistani property tycoon Malik Riaz has agreed to pay UK’s National Crime Agency (NCA) £190m in a settlement after eight UK bank accounts linked to him were frozen in August 2019. “The assets will be returned to the State of Pakistan,” the NCA said, referring to the settlement amount. ...

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UK property developer Helical receives 500mn stg bid

LONDON: British commercial property developer Helical has received a bid worth around 500 million pounds ($637 million) from an unnamed US private equity group, the Sunday Times newspaper reported, without citing sources. The newspaper said the approach valued Helical at a significant premium to its current share price of 355p ...

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