Vistry Group PLC (LSE:VTY) reached an agreement to acquire Countryside Partnerships PLC (LSE:CSP) from a group of shareholders for £2.1 billion on September 5, 2022. As per the transaction, shareholders will receive the full amount of cash for every 0.255 new Vistryshare under an election to receive more cash in place of new Vistryshares in respect of each Countryside share is 153.765 pence. This is in addition to the 60p in cash due for each Countryside share. Shareholders will receive the full amount of a new Vistryshare for every 60p in cash under if they opt to receive more new Vistryshares in place of cash in respect of each Countryside Share is 0.099 of a new Vistry share. This is in addition to the 0.255 new Vistryshares due for each Countryside share. The transaction is unanimously approved by board of directors of Countryside Partnerships PLC and is subject to approval by shareholders of Vistry Group PLC and Countryside Partnerships PLC and court approvals. The transaction is expected to close by the end of the first quarter of 2023. Keith Welch, Diraj Ramchandani, Simon Alexander and Adam Miller of HSBC Bank plc and Vasco Litchfield, Patrick Long and Louise Campbell of Lazard & Co., Limited acted as financial advisors. Bradley Richardson, Jonathan Ford, Iain Fenn, Charles Turner, Aisling Zarraga, Amy Chen, Claire Geraghty and Toby Grimstone of Linklaters LLP acted as legal advisor to Vistry Group PLC. Alex Midgen, Peter Everest and Nikhil Walia of N M Rothschild & Sons Limited, Robert Mayhew and Richard Bassingthwaighte of Barclays Bank PLC and Heraclis Economides and Oliver Hardy of Numis Securities Limited acted as financial advisors and Norton Rose Fulbright LLP acted as legal advisor to Countryside Partnerships PLC (LSE:CSP).

Vistry Group PLC (LSE:VTY) completed the acquisition of Countryside Partnerships PLC (LSE:CSP) from a group of shareholders on November 11, 2022.