SEGRO

SEGRO PLC (LSE:SGRO) confirmed this morning that it will not increase or enhance the terms of its current all-share offer for Tritax Eurobox PLC (LSE:EBOX), but has agreed a deal with rival suitor Brookfield Asset Management (TSX:BAM, NYSE:BAM) to buy some assets anyway.   Under the terms of its existing all-share proposal, SEGRO would pay 0.0765 new shares for each existing Eurobox share, but following a fall in the SEGRO share price, the deal values Eurobox at 59.6p compared with the 69p in cash offered by Brookfield.» Mehr auf proactiveinvestors.co.uk

FTSE 250-listed investment trust Tritax Eurobox PLC (LSE:EBOX) has agreed to be taken over by funds controlled by investment firm Brookfield through a 69p-per-share cash offer. The offer values Tritax EuroBox shares at approximately £557 million and represents a 28% premium over the company's 31 May valuation, when an offer period was triggered.» Mehr auf proactiveinvestors.co.uk

Brookfield Asset Management has agreed to buy Tritax EuroBox for 1.1 billion pounds ($1.44 billion), including debt, kicking off a possible takeover battle for the European logistics real estate firm.» Mehr auf reuters.com