News

More suitors in for Tritax EuroBox

230818 EBOX Mango, Barcelona

Tritax EuroBox has announced that it has received more expressions of interest in buying the company, as the deadline for private equity giant Brookfield is extended.

The company revealed that following the announcement of Brookfield’s possible cash offer for the company on 3 June, it was now in discussions with a “number of parties” that have expressed an interest regarding a possible offer for the company.

The company said that it has provided these parties with access to due diligence information.

Brookfield has been granted an extension to its deadline to announce a firm intention to make an offer for Tritax EuroBox to 29 July.

Since the original announcement of the possible offer, the board of Tritax EuroBox has received a series of indicative proposals from Brookfield, none of which it appears were on acceptable terms.

The company added that there can be no certainty that any firm offer will be made by Brookfield or any other party, nor as to the terms of any such offer.

A further announcement will be made as appropriate.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…