Brief: Industrials REIT Announces Agreement With Blackstone On Final Proposal For Possible Cash Offer For Co

Industrials REIT

03/04/2023 07:49

April 3 (Reuters) - Industrials REIT Ltd  MLII.L :
    * INDUSTRIALS REIT LTD - INDUSTRIALS REIT & BLACKSTONE
ANNOUNCE ,
HAVE REACHED AGREEMENT ON  A FINAL PROPOSAL FOR A POSSIBLE CASH
OFFER FOR CO
    * INDUSTRIALS REIT LTD - UNDER TERMS OF FINAL OFFER,
INDUSTRIALS
REIT SHAREHOLDERS WOULD RECEIVE 168 PENCE PER ORDINARY SHARE IN
CASH
    * INDUSTRIALS REIT LTD - FINAL OFFER REPRESENTS A PREMIUM OF
42.4
PER CENT TO INDUSTRIALS REIT CLOSING PRICE OF 118.0 PENCE PER
SHARE ON 31 MARCH 2023;

Source text for Eikon:  ID:nJseC0012a 
Further company coverage:  MLII.L 

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