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The board of UK landlord Warehouse REIT Plc has recommended shareholders accept an increased offer for the company made by ...
Britain's Warehouse REIT recommended Blackstone's sweetened bid to its shareholders on Friday, withdrawing support for ...
Blackstone said on Thursday it had raised its offer to buy Warehouse REIT to 115 pence per share, valuing the British firm at ...
Blackstone has made an increased all-cash takeover offer of £489m (€567m) for Warehouse REIT, outbidding the £485.2m cash and ...
Warehouse REIT has been at the center of a competitive takeover since Blackstone announced plans to acquire it in June for 109.0 pence a share, an offer contested by Tritax on June 25. Tritax offered ...
Blackstone is poised to win a battle for Warehouse Reit, after the listed UK landlord said it would switch its shareholder recommendation to an offer from the US investment group over a rival bid from ...
Blackstone raised its offer for the London-listed company to about $662.20mln on Thursday, outbidding Tritax's cash-and-stock ...
Both Warehouse and Tritax are London-based real estate investment trust that invest in large logistics warehouses. In early June, Warehouse REIT had agreed to a takeover from New York-based private ...
The US private equity giant upped the ante in the fight over the British property firm on Thursday by gazumping the Tritax bid, which Warehouse had said last month it was minded to accept.
Under the revised offer, Warehouse REIT shareholders will receive 113.4 pence per share in cash and a dividend of 1.6 pence ...
However, Blackstone on Thursday announced a higher offer for 113.4p per share in cash, which matches the offer it made back in March. Under all three bids, Warehouse shareholders would also receive a ...
The new bid values Warehouse REIT at 489 million pounds ($664.4 million), a higher price than the previous bid made by U.K. real-estate investment trust Tritax Big Box, Blackstone said. Responding, ...
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