Warehouse REIT plc - Cancellation of auction

Summary by AI BETAClose X

The Takeover Panel's August 22, 2025, statement (2025/13) announces the cancellation of the auction procedure for Warehouse REIT PLC ("Warehouse") due to Tritax Big Box REIT PLC ("BBOX") not increasing its June 25, 2025 offer. The auction procedure was established on August 19, 2025, per Statement 2025/12, to resolve the competing bids for Warehouse, primarily from Wapping Bidco Ltd (a Blackstone-affiliated entity). A future announcement regarding the offer timetable will be issued if needed.

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