sur SEGRO PUBLIC LIMITED COMPANY (isin : GB00B5ZN1N88)
SEGRO Responds to Tritax EuroBox Competing Cash Offer
On October 10, 2024, SEGRO PLC addressed a competing cash offer for Tritax EuroBox. SEGRO's offer, announced on September 4, 2024, is valued at 68.4 pence per share and involves an all-share consideration. This proposal allows Tritax EuroBox shareholders to maintain their exposure to the European industrial and logistics sector or opt for cash, thanks to SEGRO's share liquidity.
The company stated that further announcements will be made as necessary. SEGRO emphasized the significance of its position in the European real estate sector and the potential benefits of the proposed transaction for Tritax EuroBox stakeholders.
SEGRO, listed on the London Stock Exchange, continues to make strategic moves within the European market, reinforcing its commitment to providing high-quality industrial and logistics spaces.
R. E.
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