Blackstone mulls abandoning bid for UK's Big Yellow Group, Sky News reports
ReutersDec 1, 2025 3:55 PM
Dec 1 (Reuters) - Blackstone BX.N is "seriously contemplating" abandoning its bid for British self-storage company Big Yellow Group BYG.L ahead of the upcoming deadline for a firm offer, Sky News reported on Monday, citing sources familiar with the matter.
Shares of Big Yellow fell 4.8% in afternoon trading.
Reuters could not immediately verify the report.
Blackstone declined to comment, while Big Yellow did not immediately respond to a Reuters request for comment.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
Gold Price Hits New High: Has Bitcoin Fully Declined?
Gold prices surged over 70% in 2025, while Bitcoin fell over 5%. Will there be a chance for a comeback in the future?TradingKey
6 hours ago
US Q3 GDP Set for Release, Will US Stocks See a "Santa Claus Rally"?【The week ahead】
TradingKey - This week, global financial markets will enter "Christmas mode." Investors should focus on US GDP data, and Bank of Japan Governor Kazuo Ueda will deliver a speech, potentially offering clues on the interest rate trajectory for 2026.TradingKey
23 hours ago
Rocket Lab Stock Analysis: Why Is Rocket Lab Stock Price Soaring? Is Now a Good Time To Buy?
TradingKey - Even though Rocket Lab's stock price has seen substantial gains from its previous levels, we believe that Rocket Lab still offers speculative value.TradingKey
Mon, Dec 22
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital baTradingKey
Fri, Dec 19
Tradingkey
