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MLI.L Share Price

MLI.L (MLI)

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Share News for MLI.L

IN BRIEF: Blackstone acquires Industrials REIT after court order

21st Jun 2023 11:25

Industrials REIT Ltd - London-based real estate investment trust - Blackstone Inc formally takes over Industrials on Wednesday. This comes a day after the Guernsey court sanctioned the acquisition on Tuesday. Industrials says the scheme court order was delivered to the Guernsey Registry on Wednesday, meaning the deal has now become effective. Read More

Blackstone to take over Industrials REIT after court sanction

20th Jun 2023 14:16

(Alliance News) - Industrials REIT Ltd on Tuesday said a court had sanctioned the takeover of the group by Blackstone Inc, paving the way for the delisting of the property firm in London and in Johannesburg. Read More

IN BRIEF: Industrials REIT shareholders approve Blackstone acquisition

31st May 2023 17:18

Industrials REIT Ltd - London-based real estate investment trust - Shareholders pass motion at both court meeting and general meeting for the proposed acquisition by Blackstone Inc at 168 pence per share, valuing the entire issued and to be issued share capital of the group at about GBP511.2 million on a fully diluted basis. Says court meeting passed offer with 99.8% of shareholders voting for the motion, which was mirrored at the general meeting. The effective date of the scheme is expected to be June 21, alongside the delisting of Industrial REIT shares in London, followed by delisting in Johannesburg expected on June 27. Read More

IN BRIEF: Industrials REIT scheme approval of bid expected on June 21

18th May 2023 19:44

Industrials REIT Ltd - London-based real estate investment trust - Reports court sanctioned scheme approving offer for the company is expected to become effective on June 21. Therefore, company does not intend to publish its annual results for the year ended March 31 on June 9. If the scheme does not become effective, the results will be published. Read More

Industrials REIT urges shareholders to approve Blackstone offer

9th May 2023 13:50

(Alliance News) - Industrials REIT Ltd said on Tuesday it recommended to its shareholders the offer by Blackstone Inc as its shares traded at a discount and it faced volatile market conditions that made capital raising difficult. Read More

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