We explain what happens if a BPR-qualifying company moves to a different market or is taken over

Target Healthcare (THRL) 92.8p Market cap: £575.6 million The £448 million recommended cash offer for care home landlord Care REIT (CRT) has shone a light on the value in this sector. We think this makes a compelling case for Care REIT's main lookalike Target Healthcare REIT (THRL). While the Care REIT deal has been struck at a 10% discount to net asset value (NAV), Target has a higher-qual...
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