IN BRIEF: Blackstone confirms does not intend to offer for Big Yellow

Related news

Big Yellow Group PLC - Bagshot, Surrey-based self-storage site operator - Alternative asset manager Blackstone Inc confirms it does not plan to make an offer for Big Yellow, which on Thursday had said talks with a Blackstone unit over a possible bid had ended. Big Yellow had said Blackstone Europe, part of the New York-based private equity investment manager, had updated the company on the status and valuation level of a possible offer. Big Yellow said after consideration, it has concluded that there is no basis for continuing discussions with Blackstone, adding the put-up or shut-up deadline of December 8 will not be extended.

Current Big Yellow stock price: 1,010.00 pence each, down 5.6% on Friday morning in London

12-month change: down 1.9%

Current Blackstone stock price: $151.83, up 0.3% in after-hours trading

12-month change: down 19%

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.