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Tritax Big Box has reached a £485m deal to acquire rival Warehouse REIT, fending off a previous offer from US private equity giant Blackstone. The cash and shares offer, which has been ...
Over the past several years, Lineage has worked to redefine its customer experience, which has evolved from the best ...
Warehouse REIT’s stock price has jumped almost 18 per cent after it was revealed the investment trust had rejected four separate bids for a takeover from US private equity giant Blackstone ...
UK's Warehouse REIT accepted a 485.2 million pound ($661 million) takeover offer from Tritax Big Box REIT on Wednesday, walking away from a previous deal with Blackstone agreed in early June.
"We are excited about the continued momentum of our build-to-suit strategy and our differentiated value proposition," said John Moragne, BNL’s Chief Executive Officer. "We are t ...
Warehouse REIT has agreed to a £485.2M acquisition by the industrial REIT Tritax Big Box REIT (TTBXF), walking away from a £470M deal agreed with Blackstone (BX) in early June, Reuters reported ...
Tritax Big Box REIT said it would buy smaller peer Warehouse REIT for 485.2 million pounds ($660.6 million), outbidding Blackstone's 470 million pounds offer earlier this month.
Also, Warehouse REIT shareholders will be entitled to receive and retain the Warehouse July dividend. The total transaction value of the increased Blackstone offer is 115.0 pence per Warehouse share.
UK's Warehouse REIT has agreed to sell itself to Blackstone for 470 million pounds ($635.35 million), days after the investment firm lowered its bid for the company due to valuation-related issues ...