Shurgard has £89m bid for rival 24Storage accepted

Shurgard's Alperto Park Royal

European storage group Shurgard has had its Swedish Krona1,075m (£89m) bid for 24Storage recommended by the group’s board.

24Storage told investors that the SEK72 per share bid was now backed by its board, in favour of a previous SEK62 per share bid fron T-C Storage BidCo.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue