Blackstone Weighs Bid for UK Storage Landlord Big Yellow
A Big Yellow Self Storage warehouse in Southend-on-Sea, UK.
Photographer: Chris Ratcliffe/BloombergBlackstone Inc is weighing an offer for UK storage landlord Big Yellow Group Plc.
The alternative asset manager is in the preliminary stages of considering a cash offer for the company, according to a statement Monday. The impact of the upcoming UK budget and wider macro-economic environment form part of New York based Blackstone’s considerations, it said.