Blackstone to consider options for UK's Warehouse REIT bid
01/07/2025 07:20
July 1 (Reuters) - Blackstone BX.N said on Tuesday it was considering its options regarding its bid for UK's Warehouse REIT WHRW.L after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with Tritax Big Box REIT BBOXT.L last week. The U.S. private equity firm, which had tabled a best and final offer of 470 million pounds for Warehouse REIT, said the no increases statement was no longer effective due to the competing bid. ($1 = 0.7277 pounds) (Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala) ((RaechelThankam.Job@thomsonreuters.com;))