Safestore boost from private equity sell off

Comments (0) | 21 Jan 2011 | Rating | Print by Tim Human

Broker says increase in free float is classic opportunity for rerating

Safestore, the UK’s largest self-storage group, could see its shares rerated following private equity firm Bridgepoint’s sale of its 17.9 percent stake in the company.

Yesterday Safestore announced that Bridgepoint – an investor in the company for the last seven years – had sold its entire interest of 33 ...

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