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BRIEF-Tritax Big Box To Acquire Warehouse REIT For £485.2 Million
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BRIEF-Tritax Big Box To Acquire Warehouse REIT For £485.2 Million
Jun 24, 2025 11:34 PM

June 25 (Reuters) - Tritax Big Box Reit PLC:

* TRITAX BIG BOX REIT - ACQUISITION OF WAREHOUSE REIT PLC

* TRITAX BIG BOX REIT PLC - TO BUY WAREHOUSE REIT

* TRITAX BIG BOX REIT PLC - WAREHOUSE REIT SHAREHOLDERS TO

RECEIVE

0.4236 NEW BBOX SHARES AND 47.2 PENCE PER SHARE

* TRITAX BIG BOX REIT PLC - DEAL VALUES WAREHOUSE REIT AT

ABOUT

£485.2 MILLION

* TRITAX BIG BOX REIT PLC - TOTAL VALUE OF 114.2 PENCE PER

WAREHOUSE SHARE INCLUDING DIVIDENDS

* TRITAX BIG BOX REIT PLC - EXPECTED COST SYNERGIES OF £5.5

MILLION PER ANNUM FROM DEAL

* TRITAX BIG BOX REIT PLC - WAREHOUSE DIRECTORS WITHDRAW

RECOMMENDATION FOR BLACKSTONE OFFER

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