BUZZ-UK's Big Yellow Group falls after report of Blackstone's plans to drop takeover bid

Blackstone Inc. -0.57%

Blackstone Inc.

BX

114.33

-0.57%

** Shares of UK self-storage company Big Yellow Group BYG.L down 5.6% at 1100p
** Sky News reports that Blackstone BX.N is "seriously contemplating" abandoning its bid for the company ahead of the upcoming deadline for a firm offer
** In October, Blackstone said it was in the early stages of considering a possible cash offer for BYG
** Including session's moves, BYG stock has risen 14.4% YTD


(Reporting by Akshaya V)

((akshayav@thomsonreuters.com))

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