Blackstone to consider options for UK's Warehouse REIT bid
ReutersJul 1, 2025 6:20 AM
July 1 (Reuters) - Blackstone BX.N said on Tuesday it was considering its options regarding its bid for UK's Warehouse REIT WHRW.L after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with Tritax Big Box REIT BBOXT.L last week.
The U.S. private equity firm, which had tabled a best and final offer of 470 million pounds for Warehouse REIT, said the no increases statement was no longer effective due to the competing bid.
($1 = 0.7277 pounds)
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