TRADE ALERT - International Portfolio March 2026

Mar 11, 2026

∙ Paid

Late last year, when Blackstone (BX) made a cash offer to buyout Big Yellow Group (BYG), its stock surged, and we sold a portion of our position to profit from the rally:

Since then, it has been reported that the two companies failed to come to terms and terminated talks.

As a result, its stock gave up those gains and has now returned to where it was prior to the offer being made.

We are today taking advantage of this to buy back those shares that we had sold earlier.

We think that, despite the deal not going through, Blackstone’s interest in Big Yellow is still a strong validation of our investment thesis.

Below, we share our latest thoughts on the company:

Continue reading this post for free, courtesy of Jussi Askola, CFA.

Or purchase a paid subscription.