Brookfield Asset Management has swooped in with an all-cash offer for Tritax EuroBox (EBOX) in a blow to SEGRO's £552m takeover deal.
Tritax EuroBox had agreed £552m takeover offer from SEGRO just over a month ago (4 September), which valued each EBOX share at 68.4p, which represents a 27% premium to its closing price of 53.8p on 31 May. The acquisition was set to go ahead, as Tritax EuroBox's board said the deal represents a "compelling opportunity" for its shareholders, but it had not yet been approved at the necessary client meetings. Tritax EuroBox agrees to £550m SEGRO takeover in latest REIT M&A deal This meant there was still time for either Brookfield AM - which in June said was considering a cash offer f...
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