Merrill misses out on Mapeley sale

Tuesday 15 November 2005 at 16:00

Deutsche Bank is leading the sale of 1.2 million shares in UK property investment company Mapeley. Merrill Lynch, which led Mapeley's £504m (€802m) London listing alongside Deutsche in June, is not involved in the deal.

The sale is the first offer of the company's shares since the flotation.