A regulatory filing from Barclays PLC has indicated a potential merger involving Warehouse REIT PLC and Tritax Big Box REIT PLC.
The disclosure, made under the U.K.'s Takeover Code, identified Warehouse REIT as an offeree and named Tritax Big Box REIT as another party to the offer.
According to the filing dated July 11, Barclays held a total interest of 1.88% and a total short position of 1.92% in Warehouse REIT as of July 10.
The filing detailed numerous purchases and sales of Warehouse REIT's ordinary shares by the bank on that date, with purchase prices around 1.15 British Pounds per share.
Takeover rules require firms with an interest of 1% or more in companies involved in a merger to publicly disclose their positions and any dealings.
The disclosure comes as Barclays continues to reshape its business, following its 2024 acquisition of Tesco's retail banking arm and the disposal of its Italian mortgage portfolio.
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