Warehouse REIT's share price has jumped by more than 17% today (4 March), after Blackstone Europe and Sixth Street Partners said the trust had rejected a fourth indicative all cash proposal from the consortium last week.
According to data from MarketWatch, the trust's share price rose by as much as 17.9% this morning from the previous close and reached 101.9p, before falling to 97.9p at the time of reporting. In a stock exchange notice on Monday (3 March), Blackstone Europe said Warehouse REIT's rejection came on Friday (28 February), shortly after the consortium put forward a proposal of 110.5p per share for the entire issued and to be issued share capital of Warehouse REIT. Assura's share price jumps 12% after fourth KKR bid rejection The fourth takeover bid valued the issued and to be issued ord...
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