Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Warehouse REIT plc - Cancellation of auction

22nd Aug 2025 13:00

RNS Number : 4795W

Takeover Panel

22 August 2025

2025/13

WAREHOUSE REIT PLC ("WAREHOUSE")

WAPPING BIDCO LTD

(A NEWLY FORMED COMPANY INDIRECTLY WHOLLY OWNED BY INVESTMENT FUNDS ADVISED BY AFFILIATES OF BLACKSTONE INC.) ("WAPPING BIDCO")

TRITAX BIG BOX REIT PLC ("BBOX")

On 19 August 2025, the Panel Executive published Statement 2025/12, in which it announced that, in accordance with Rule 32.5 of the Takeover Code, it had established an auction procedure (the "Auction Procedure") for the resolution of the competitive situation in relation to Warehouse.

Following the announcement earlier today by BBOX that it will not be increasing the financial terms of the offer set out in its announcement dated 25 June 2025, the Auction Procedure outlined in Statement 2025/12 will not now take place.

A further announcement in relation to the offer timetable (including Day 60) will be made in due course, if required.

22 August 2025

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POTEAFPAASDSEFA

Related Shares:

FTSE 100 Latest

Value9,321.40

Change12.20