ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NWSA Stock Price » NWSA Stock News

News Share News

 News (mm) Stock Price
NWSA Stock Price
 News (mm) Stock Chart
NWSA Stock Chart
 News (mm) Stock News
NWSA Stock News
 News (mm) Company Information
NWSA Company Information
 News (mm) Stock Trades
NWSA Stock Trades

Berkeley Group Buys Wapping Village For GBP150 Million

LONDON -(Dow Jones)- Property developer Berkeley Group Holdings PLC (BKG.LN) Wednesday said its subsidiary, St George, has acquired Wapping Village from News International for GBP150 million, payable in installments, and added that it has settled the litigation brought by Tony Carey against the company and its units. MAIN FACTS: -Purchase is not conditional on planning. -St George will now consult with the London Borough of Tower Hamlets and the local community to prepare a mixed use planning application for the 15 acre site. -Litigation brought by Tony Carey against Berkeley Group PLC, St George PLC and other parties for age discrimination and unfair dismissal has been settled for GBP5 million shortly before the commencement of a three week hearing in the Employment Tribunal. -Board's decision to settle was unanimous having regard to legal advice, the size of the claim and the inevitable diversion of resources to run the action. -Costs of the settlement were fully allowed for in the balance sheet as at April 30, 2011. -Following the settlement, option rights over 1.4 million shares have been cancelled. -Shares of Berkeley Group at 1508 GMT down 18 pence, or 1.5% at GBP11.95. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com

Stock News for News (NWSA)
DateTimeHeadline
10/14/201402:40:08REA Group Sells Hong Kong Unit to iProperty Group
10/07/201409:30:10Wall Street Journal and Absolute Strategy Unveil New Economic...
09/30/201416:41:17MARKET SNAPSHOT: U.S. Stocks Limp Into October
09/30/201413:01:03MARKET SNAPSHOT: U.S. Stocks Rebound; Dow Flat Over Month
09/30/201410:26:25MARKET SNAPSHOT: Weak Housing Data Helps Push U.S. Stocks Lower
09/30/201407:18:21MARKET SNAPSHOT: U.S. Stocks: Futures Up Ahead Of Home Prices...
08/08/201412:52:02U.S. Hot Stocks: Hot Stocks to Watch
08/07/201422:20:35Australia's REA Group Profit Jumps
07/27/201422:20:14Fox's Bid for Time Warner Includes Voice on the Board
07/25/201406:05:48U.K. Equities Take the Limelight in European Markets
06/25/201416:19:36U.K.'s Cameron Faces Questions Over Coulson
06/19/201411:55:14New London Silver Fix to Be Decided in July
06/13/201413:54:14LME, Others Vie to Replace London Silver Fix
06/09/201419:52:18Chase Carey Agrees To 2-Year Extension With 21st Century Fox
06/03/201412:10:08U.S. Goes Back to Publishers on Prices
05/12/201412:58:01BSkyB Confirms Pay-TV Talks With 21st Century Fox -- 7th Update
05/12/201411:48:34BSkyB Confirms Pay-TV Talks With 21st Century Fox -- 6th Update
05/12/201404:30:07BSkyB Confirms 21st Century Fox Talks
05/12/201403:13:31BSkyB Confirms Pay TV Talks With 21st Century Fox -- 2nd Update
05/12/201402:46:36BSkyB Confirms Pay TV Talks With 21st Century Fox -- Update

News and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad