Tritax EuroBox and SEGRO have agreed to a recommended all-share acquisition by SEGRO, which encompasses the entire issued and future share capital of Tritax EuroBox. Under the terms of the agreement, Tritax EuroBox shareholders will receive 0.0765 new SEGRO shares for each share they hold. This transaction places the value of Tritax EuroBox’s entire issued and to-be-issued ordinary share capital at around £552 million.Upon completion of the transaction, SEGRO shareholders are expected to hold approximately 96% of the enlarged company’s issued share capital, while Tritax EuroBox shareholders will hold about 4%.The material has been provided by InstaForex Company – www.instaforex.com
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