Big Yellow Says It Will Terminate Takeover Talks With Blackstone

Dow Jones12-05
 

By Mauro Orru

 

Big Yellow Group said it would put an end to discussions with Blackstone over a possible offer for the company.

The U.K. self-storage company said it made the decision after Blackstone Europe provided an update to its board over a possible offer and the valuation at which it could make a proposal.

"The board considered this in the context of Big Yellow's strong performance, strategy and business model," the company said. "It has concluded that there is no basis for continuing discussions with Blackstone."

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

December 04, 2025 12:59 ET (17:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment