Tritax EuroBox agrees $1.44-bln deal with Brookfield, snubs Segro-February 2024-www.financetom.com

Tritax EuroBox agrees $1.44-bln deal with Brookfield, snubs Segro

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Tritax EuroBox agrees $1.44-bln deal with Brookfield, snubs Segro

Oct 10, 2024 10:45 PM

Oct 10 (Reuters) - Brookfield Asset Management's ( BAM )

funds have agreed to buy European logistics real

estate firm Tritax EuroBox ( TTAXF ) for 1.1 billion pounds

($1.44 billion), including debt, the companies said on Thursday.

Tritax EuroBox ( TTAXF ), which last month agreed a similar deal with

British warehouser Segro ( SEGXF ), said it planned to withdraw

its backing for the Segro ( SEGXF ) offer and support the Brookfield bid

instead.

($1 = 0.7653 pounds)

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