Finance
Blackstone mulls abandoning bid for UK's Big Yellow Group, Sky News reports
Published by Global Banking and Finance Review
Posted on December 1, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 1, 2025
1 min readLast updated: January 20, 2026
Blackstone is considering dropping its bid for UK's Big Yellow Group, affecting shares. The decision is reported by Sky News ahead of the offer deadline.
Dec 1 (Reuters) - Blackstone is "seriously contemplating" abandoning its bid for British self-storage company Big Yellow Group ahead of the upcoming deadline for a firm offer, Sky News reported on Monday, citing sources familiar with the matter.
Shares of Big Yellow fell 4.8% in afternoon trading.
Reuters could not immediately verify the report.
Blackstone declined to comment, while Big Yellow did not immediately respond to a Reuters request for comment.
(Reporting by Unnamalai L and Simone Lobo in Bengaluru; Editing by Maju Samuel)
A bid is an offer made by an individual or company to purchase an asset, such as shares in a company, at a specified price.
A firm offer is a proposal to buy or sell that is binding and cannot be revoked, typically made within a specified time frame.
Share trading involves buying and selling shares of publicly traded companies on stock exchanges, allowing investors to profit from price changes.
Corporate governance refers to the systems, principles, and processes by which companies are directed and controlled, ensuring accountability and transparency.
Market capitalization is the total market value of a company's outstanding shares, calculated by multiplying the share price by the total number of shares.
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