Tritax EuroBox agrees $1.44-bln deal with Brookfield, snubs Segro

Tritax EuroBox

10/10/2024 07:12

Oct 10 (Reuters) - Brookfield Asset Management's
 BAM.TO  funds have agreed to buy  European logistics real
estate firm Tritax EuroBox  EBOX.L  for 1.1 billion pounds
($1.44 billion), including debt, the companies said on Thursday.
    Tritax EuroBox, which last month agreed a similar deal with
British warehouser Segro  SGRO.L , said it planned to withdraw
its backing for the Segro offer and support the Brookfield bid
instead. 
     

($1 = 0.7653 pounds)

 (Reporting by Yadarisa Shabong in Bengaluru; Editing by Janane
Venkatraman)
 ((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))