Brookfield wins round Tritax Eurobox in £1.1bn tie-up Property In a statement to the market this morning, the boards of the two companies said they reached an agreement on a £1.1bn deal.
Four investment trusts closed last week. How many more will go? Investing Last week, four separate investment trusts handed in their notice, announcing they would be shuttering. Aquila European Renewables, Ecofin US Renewables, Gulf Investment Fund and Keystone Positive Change, all said they would be liquidating, as the number of trusts on the London Stock Exchange continued to dwindle. The number of investment trusts has fallen to [...]
Segro pounces on Tritax Eurobox with all-share £552m offer Property The London-listed warehouse giant Segro has made an offer for its smaller peer, Tritax Eurobox. Sergo and Tritax Eurobox announced this morning they had reached an agreement on the terms of a recommended all-share offer by Sergo for the entire issued and to be issued share capital of Tritax Eurobox. Segro has agreed to pay [...]
Tritax Eurobox extends bid deadline as other interest parties emerge July 2, 2024 The deadline for Brookfield Asset Management to make a formal offer for the European real estate investment trust (REIT) Tritax Eurobox has been extended, as more companies were revealed to have expressed an interest in the trust.
Brookfield Asset Management mulls Tritax Eurobox takeover June 4, 2024 Another real estate investment trust could be about to disappear from the market as a Canadian investment firm chaired by former Bank of England governor Mark Carney is mulling whether to make an offer.