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The Independent UK

Business

Anna Wise

Big Yellow shares drop after takeover talks with Blackstone abandoned

The storage firm had been in takeover talks (Alamy/PA) -

Shares in Big Yellow have dropped after ending takeover talks with a potential US buyer.

Investment group Blackstone said it was not intending to make an offer for the self-storage company, sending its share price more than 5% lower on Friday morning.

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