Tritax EuroBox Backs Brookfield Offer Over SEGRO

Tritax EuroBox (GB:EBOX) has released an update.

Tritax EuroBox has recommended its shareholders to favor a cash offer from Brookfield’s Titanium Ruth Bidco over a previous proposal by SEGRO. This decision comes as the Brookfield Offer presents a more attractive premium for shareholders. Consequently, the meetings required to proceed with the SEGRO Offer have been adjourned indefinitely.

For further insights into GB:EBOX stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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