Blackstone and MGPA in Brixton talks - Yahoo! Finance

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Monday May 25, 11:56 AM
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Blackstone and MGPA in Brixton talks

LONDON (Reuters) - Private equity group Blackstone and Australia's Macquarie-backed fund MGPA are among those in talks to buy property group Brixton , according to newspaper reports on Sunday.

The Independent on Sunday, citing City sources, said MGPA had approached the board of Brixton, while both The Independent on Sunday and The Sunday Telegraph also named Blackstone as a potential bidder.

Brixton, which has a market capitalisation of 168 million pounds said on Friday it was in takeover talks with a "small number of potential suitors." Brixton's larger industrial property rival Segro said in a separate statement it had made a takover approach.

(Reporting by Rosalba O'Brien; Editing by Dan Lalor)

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