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REAL ESTATE: Segro / Tritax Eurobox (SGROLN: A-; EBOXLN: BBB*+): Statement

REAL ESTATE
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  • Segro has made a statement on RNS where they highlight that given their offer is in shares, shareholders get to participate in the upside for the sector
  • Not exactly a knockout argument but it shows that they are still in the game
  • "A further announcement will be made if appropriate"
  • EBOXLN 0.95 26 has limited downside here and the potential of a Par Put if the Brookfield acquisition goes through and leads to a loss of IG rating.
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  • Segro has made a statement on RNS where they highlight that given their offer is in shares, shareholders get to participate in the upside for the sector
  • Not exactly a knockout argument but it shows that they are still in the game
  • "A further announcement will be made if appropriate"
  • EBOXLN 0.95 26 has limited downside here and the potential of a Par Put if the Brookfield acquisition goes through and leads to a loss of IG rating.