Tritax EuroBox (GB:EBOX) has released an update.
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Tritax EuroBox has announced that its shareholders have approved a recommended cash acquisition by Titanium Ruth Bidco Limited, a company linked to Brookfield’s real estate private funds, for 69 pence per share. The acquisition, which will be executed through a court-sanctioned scheme of arrangement, is expected to be finalized by December 2024, upon meeting remaining conditions. Trading in Tritax EuroBox shares is set to be suspended and delisted by mid-December, signaling a significant shift for investors.
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