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Blackstone mulling improved offer for Warehouse REIT after rival Tritax bid
By Josh White
Date: Tuesday 01 Jul 2025
(Sharecast News) - Warehouse REIT said on Tuesday that Blackstone has withdrawn its no-increase statement on its £486m cash offer, after Tritax Big Box REIT made a rival bid combining cash and shares.
Blackstone's vehicle, Wapping Bidco, previously declared its offer final at 32p per share, except in limited circumstances.
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