2Yr·

Today it was announced that Store Capital from GIC and Oak Street is to be taken over.


For me personally, this is a great pity, as I appreciated the business model very much and was able to buy the company cheaply at the time. Here I promised myself long-term dividend growth over the next 15 (and more) years.


If I were a major shareholder with a stake >1% I would actively oppose the acquisition as I think the price is too low. My expectations of Store are higher, so I will also vote against the acquisition with my comparatively small position.


How do you guys see it? Would you just sell or vote against the acquisition as well?


GIC - global investment company established in 1981 to secure Singapore's financial future. GIC is the manager of Singapore's foreign exchange reserves and invests in diverse asset classes.


Worldwide >1,900 employees 11 financial cities and investments in >40 countries.


Oak Street - is part of Blue Owl (global alternative asset manager with $119 billion in assets under management). Oak Street itself is a real estate investment firm that focuses on acquiring properties leased to creditworthy tenants.

Assets under management of $16.6 billion.

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6 Comments

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Just sold my position, made a good price gain and collected some dividends. It's a shame but then I'll just look for another stock 🤷‍♂️
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Will probably also sell
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Sit it out and vote against it (my few pieces will prevent that😂😂😂😂)
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Sold directly. Worst case is that the deal falls through and I can collect the shares again in a few months.🤷‍♂️
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