- Blackstone Inc - New York-based asset manager - Regarding the offer by Wapping Bidco Ltd for Warehouse REIT PLC, Wapping acquires a further 71.0 million Warehouse shares, at a price per share up to or equal to the offer price. Blackstone-managed Bidco now owns 128.5 million Warehouse shares, about 30.25% of the outstanding share capital. Further, Bidco has received irrevocable undertakings to accept the offer from the Warehouse independent directors who hold 1.2 million shares, about 0.28% of the total. Under Rule 9, Bidco is required to make a mandatory cash offer for the remaining Warehouse share capital at a price not less than the highest paid by Bidco or its affiliates during the last 12 months. Earlier Friday, Tritax Big Box REIT PLC declared a final offer for Warehouse REIT, at a price roughly 3.5% lower than Blackstone's.