Published 9 days ago

Brookfield Steps In With £1.1B Deal To Scupper Segro Offer For Tritax

Summary by Bisnow

Canadian private equity giant Brookfield has agreed to acquire Tritax EuroBox for £1.1B, exceeding a previous offer from European REIT Segro. The Brookfield acquisition values Tritax EuroBox's ordinary share capital at approximately £557M, based on Tritax EuroBox's net debt as of 31 March, implying an enterprise value of approximately £1.1B. In a statement to the market on Thursday morning, the boards of the two companies confirmed that they rea…

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Brookfield Steps In With £1.1B Deal To Scupper Segro Offer For Tritax

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