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Big Yellow Group Ends Takeover Talks with Blackstone Europe

MT Newswires·12/04/2025 23:43:31
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11:43 PM EST, 12/04/2025 (MT Newswires) -- Big Yellow Group (BYG.L) ended discussions for a potential takeover offer from Blackstone Europe, according to a Thursday release. After Blackstone Europe provided an update on the valuation level at which it could make an offer for the British self-storage company, Big Yellow Group said it decided there was no basis for continuing discussions, noting its "strong performance, strategy and business model." Big Yellow Group added that the deadline for Blackstone Europe to make a firm offer or walk away will not be extended after Dec. 8.