St. Modwen accepts Blackstone’s raised $1.75 bln take-private offer
Housebuilder and logistics firm St. Modwen Properties (SMP.L) said on Thursday it has agreed to a sweetened 1.25 billion pounds ($1.75 billion) offer from U.S. private equity firm Blackstone (BX.N) to take it private.
Pandemic seen driving southeastern Europe warehouse boom
Logistics and warehouse companies are accelerating expansion plans in southeastern Europe where business is expected to boom as the pandemic spurs manufacturers to relocate operations close to main markets.
China’s netizens call for crackdown after “blind box” pet rescue
Chinese netizens have urged authorities to crack down on the illegal practice of delivering animals via “blind boxes” after local media reported that 160 puppies and kittens had been rescued from a warehouse in the city of Chengdu on Monday.
