Feb 18 (Reuters) - National Storage REIT (NSR) on Tuesday revealed New York-based private equity firm Warburg Pincus as the third suitor to be in the race to buy Australia's largest self-storage operator, offering A$1.73 billion ($1.16 billion).
The A$2.20 per share, non-binding, indicative proposal from Warburg Pincus competes with China's Gaw Capital Partners similar offer and New York-listed Public Storage's PSA.N A$2.40 per share approach.
($1 = 1.4905 Australian dollars)
Feb 18 (Reuters) - National Storage REIT (NSR) on Tuesday...
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