|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||7.64 - 7.78|
|52 Week Range||7.52 - 16.89|
|Beta (5Y Monthly)||0.41|
|PE Ratio (TTM)||6.13|
|Forward Dividend & Yield||0.64 (8.33%)|
|Ex-Dividend Date||Jun 09, 2022|
|1y Target Est||7.92|
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The British grocer said the investment trust isn't proceeding with a share issue that would have partly funded the transaction due to stock market volatility concerns, and the two parties are no longer in discussions.
The deal will see Sainsbury’s sell the stores located across the south of England to real estate investment trust LXi REIT and then rent them back.
The proposed agreement would see Sainsbury’s sell the stores to real estate investment trust LXi REIT and then rent them back.