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SEGRO Notes Competing Cash Offer For Tritax EuroBox

BRIEF-SEGRO Notes Competing Cash Offer For Tritax EuroBox Oct 10 (Reuters) - SEGRO PLC SGRO.L : SEGRO PLC - STATEMENT REGARDING TRITAX EUROBOX PLC SEGRO PLC - NOTES COMPETING CASH OFFER FOR TRITAX EUROBOX SEGRO: CO'S OFFER ALLOWS TRITAX SHAREHOLDERS TO RETAIN EXPOSURE TO EUROPEAN INDUSTRIAL AND LOGISTICS SECTOR OR REALISE POSITION FOR CASH Source t
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UK's Tritax EuroBox gains on Brookfield's $1.44 bln takeover bid

BUZZ-UK's Tritax EuroBox gains on Brookfield's $1.44 bln takeover bid ** Shares in European logistics real estate firm Tritax EuroBox EBOX.L rise 3.8% to 71.7 pence ** Brookfield Asset Management's BAM.TO funds agreed to buy EBOX for an enterprise value of 1.1 bln pounds ($1.44 bln) ** EBOX plans to withdraw backing for British warehouser Segro's S
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Brookfield to buy Tritax EuroBox for $1.44 bln, sparking potential takeover battle

UPDATE 4-Brookfield to buy Tritax EuroBox for $1.44 bln, sparking potential takeover battle Tritax EuroBox to withdraw support for Segro offer Brookfield's offer values Tritax at 69 pence apiece Tritax EuroBox shares rise 2.2% after Brookfield bid Adds Segro's response in paragraph 4, updates share moves in paragraph 5 By Shanima A and Tommy Reggiori Wilkes Oct 10 (Reuters) - Canada's Brookfield Asset Management BAM.TO will buy European logistics real estate firm Tritax EuroBox EBOX.L , the comp
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Tritax EuroBox agrees $1.44-bln deal with Brookfield, snubs Segro

Tritax EuroBox agrees $1.44-bln deal with Brookfield, snubs Segro Oct 10 (Reuters) - Brookfield Asset Management's BAM.TO funds have agreed to buy European logistics real estate firm Tritax EuroBox EBOX.L for 1.1 billion pounds ($1.44 billion), including debt, the companies said on Thursday. Tritax EuroBox, which last month agreed a similar deal with British warehouser Segro SGRO.L , said it planned to withdraw its backing for the Segro offer and support the Brookfield bid instead.
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Top of the Street: UK real estate, European utilities, Covestro, SEB

BUZZ-Top of the Street: UK real estate, European utilities, Covestro, SEB A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank raises three UK real estate companies to "buy" from "hold" citing cautious optimism as Britain moves into a rate cutting cycle ** It upgrades LondonMetric Property LMPL.L as its "roll up & recycle" model continues to plough on, and ups British Land BLND.L and Landsec LAND.L on improving office and retail fundamentals **
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