<ul>
<li>Whitestone 聘请美国银行进行流程管理</li>
</ul>
<ul>
<li>私募股权公司签署了保密协议</li>
</ul>
<ul>
<li>Emmett Investment Management 通过提名四名候选人发起了对 Whitestone 的代理权争夺战</li>
</ul>
<p>作者：Svea Herbst-Bayliss</p>
<p>纽约，3 月 5 日（路透社）- 包括黑石（Blackstone）和 TPG 在内的私募股权公司对收购购物中心运营商 Whitestone REIT 表示了兴趣，三位知情人士告诉路透社。</p>
<p>总部位于休斯顿的 Whitestone 专注于收购、拥有、运营和开发开放式零售中心，已聘请美国银行负责相关事务，消息人士称。其购物中心位于凤凰城，以及德克萨斯州的达拉斯 - 沃斯堡、休斯顿、圣安东尼奥和奥斯汀。</p>
<p>销售流程的消息传出仅几周后，该公司被通知面临两场董事会席位的代理权争夺战，并且在几个月前收到了主要股东的收购要约，消息人士称。该公司尚未对收购要约作出回应，消息人士补充道。</p>
<p>Whitestone 尚未立即对评论请求作出回应。</p>
<p>私募股权公司已与该公司签署保密协议，允许他们审查文件并获取其他信息，以便制定潜在的出价，消息人士称。</p>
<p>然而，不能保证这些公司会提交出价或交易会发生。</p>
<p>黑石、TPG 和美国银行均拒绝置评。</p>
<p>Whitestone 多年来面临股东的压力，几位前十大投资者批评公司的成本结构和治理。几位股东私下表示，该公司主要专注于向当地企业（如美甲店）出租，而不是通常作为中心支柱的全国连锁店，应该是私有公司而非上市公司。</p>
<p>根据 LSEG 数据，到 2025 年底，Emmett Investment Management 持有 Whitestone 约 2.5% 的股份，1 月提名了四名董事候选人，以替换六人董事会中的大多数成员。Emmett 是一家总部位于纽约的投资公司，由 Alexander Rohr 管理，六个月前暗示可能会发起代理权争夺战，其在 2026 年的提名决定尚未被报道。Emmett 还在 2025 年提名了候选人。Emmett 的代表拒绝置评。</p>
<p>同样在 1 月初，前 Whitestone 首席执行官 James Mastandrea 公开表示，他将提名六名候选人以替换现任董事会。Mastandrea 的代表尚未立即对评论请求作出回应。</p>
<p>另外，领先的商业房地产开发和投资管理公司 MCB Real Estate 拥有 Whitestone 超过 9% 的股份，曾在 11 月提出以每股 15.20 美元收购该公司，并在 1 月初公开表示该公司尚未对该提议作出回应。</p>
<p>11 月的提议是 MCB 第二次提出收购 Whitestone。MCB 的代表拒绝置评。</p>
<p>Whitestone 的股价在周四收于 14.98 美元，公司的估值约为 7.63 亿美元。</p>

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<p>Whitestone REIT 正在吸引来自私募股权公司如黑石（Blackstone）和 TPG 的收购兴趣，这些公司已签署保密协议以审查公司的文件。Whitestone 已聘请美国银行（Bank of America）来管理这一过程，同时面临 Emmett Investment Management 发起的董事会席位的代理权斗争。该公司在治理和成本结构方面面临股东压力。11 月，MCB Real Estate 提出了每股 15.20 美元的收购报价，但尚未得到回应。Whitestone 的股票收盘价为 14.98 美元，市值约为 7.63 亿美元</p>

<ul>
<li>Whitestone hired Bank of America to run process</li>
</ul>
<div class="lb-trans"><ul>
<li>Whitestone 聘请美国银行进行流程管理</li>
</ul>
</div><ul>
<li>Private equity firms signed confidentiality agreements</li>
</ul>
<div class="lb-trans"><ul>
<li>私募股权公司签署了保密协议</li>
</ul>
</div><ul>
<li>Emmett Investment Management launched proxy fight at Whitestone by nominating four candidates</li>
</ul>
<div class="lb-trans"><ul>
<li>Emmett Investment Management 通过提名四名候选人发起了对 Whitestone 的代理权争夺战</li>
</ul>
</div><p>By Svea Herbst-Bayliss</p>
<div class="lb-trans"><p>作者：Svea Herbst-Bayliss</p>
</div><p>NEW YORK, March 5 (Reuters) - Private equity firms including Blackstone (BX.N) and TPG (TPG.O) have expressed interest in buying shopping center operator Whitestone REIT (WSR.N) , three people familiar with the matter told Reuters.</p>
<div class="lb-trans"><p>纽约，3 月 5 日（路透社）- 包括黑石（Blackstone）和 TPG 在内的私募股权公司对收购购物中心运营商 Whitestone REIT 表示了兴趣，三位知情人士告诉路透社。</p>
</div><p>Houston-headquartered Whitestone, which acquires, owns, operates and develops open-air retail centers, has hired Bank of America (BAC.N) to oversee the proceedings, the sources said. Its shopping centers are located in Phoenix, as well as in Dallas-Fort Worth, Houston, San Antonio and Austin, Texas.</p>
<div class="lb-trans"><p>总部位于休斯顿的 Whitestone 专注于收购、拥有、运营和开发开放式零售中心，已聘请美国银行负责相关事务，消息人士称。其购物中心位于凤凰城，以及德克萨斯州的达拉斯 - 沃斯堡、休斯顿、圣安东尼奥和奥斯汀。</p>
</div><p>News of the sales process comes just weeks after the company was notified that it now faces two proxy fights for board seats and months after it received a takeover bid from a major shareholder, the sources said. It has yet to respond to the takeover bid, the sources said.</p>
<div class="lb-trans"><p>销售流程的消息传出仅几周后，该公司被通知面临两场董事会席位的代理权争夺战，并且在几个月前收到了主要股东的收购要约，消息人士称。该公司尚未对收购要约作出回应，消息人士补充道。</p>
</div><p>Whitestone did not immediately respond to a request for comment.</p>
<div class="lb-trans"><p>Whitestone 尚未立即对评论请求作出回应。</p>
</div><p>The private equity firms have signed confidentiality agreements with the company, allowing them to review documents and receive other information to shape a potential bid, the sources said.</p>
<div class="lb-trans"><p>私募股权公司已与该公司签署保密协议，允许他们审查文件并获取其他信息，以便制定潜在的出价，消息人士称。</p>
</div><p>There is no guarantee, however, that the firms will submit bids or that a sale will occur.</p>
<div class="lb-trans"><p>然而，不能保证这些公司会提交出价或交易会发生。</p>
</div><p>Blackstone, TPG and Bank of America declined to comment.</p>
<div class="lb-trans"><p>黑石、TPG 和美国银行均拒绝置评。</p>
</div><p>Whitestone has faced pressure from shareholders for years as several top 10 investors criticized the company’s cost structure and governance. Several shareholders have said privately that the company, which focuses largely on renting to local businesses like nail salons instead of national chains that often anchor centers, should be privately held instead of publicly listed.</p>
<div class="lb-trans"><p>Whitestone 多年来面临股东的压力，几位前十大投资者批评公司的成本结构和治理。几位股东私下表示，该公司主要专注于向当地企业（如美甲店）出租，而不是通常作为中心支柱的全国连锁店，应该是私有公司而非上市公司。</p>
</div><p>In January, Emmett Investment Management, which owned roughly 2.5% of Whitestone at the end of 2025 according to LSEG data, nominated four director candidates to replace the majority of the six-member board. Emmett, a New York-based investment firm run by Alexander Rohr, hinted at a possible proxy fight six months ago and its decision to nominate in 2026 has not been previously reported. Emmett also nominated candidates for election in 2025. A representative for Emmett declined to comment.</p>
<div class="lb-trans"><p>根据 LSEG 数据，到 2025 年底，Emmett Investment Management 持有 Whitestone 约 2.5% 的股份，1 月提名了四名董事候选人，以替换六人董事会中的大多数成员。Emmett 是一家总部位于纽约的投资公司，由 Alexander Rohr 管理，六个月前暗示可能会发起代理权争夺战，其在 2026 年的提名决定尚未被报道。Emmett 还在 2025 年提名了候选人。Emmett 的代表拒绝置评。</p>
</div><p>Also in early January, former Whitestone CEO James Mastandrea said publicly that he would nominate six candidates to replace the current board. A representative for Mastandrea did not immediately respond to a request for comment.</p>
<div class="lb-trans"><p>同样在 1 月初，前 Whitestone 首席执行官 James Mastandrea 公开表示，他将提名六名候选人以替换现任董事会。Mastandrea 的代表尚未立即对评论请求作出回应。</p>
</div><p>Separately, leading commercial real estate developer and investment management firm MCB Real Estate, which owns more than 9% of Whitestone, offered to buy the company at $15.20 a share in November and said publicly in early January that the company had not responded to the offer.</p>
<div class="lb-trans"><p>另外，领先的商业房地产开发和投资管理公司 MCB Real Estate 拥有 Whitestone 超过 9% 的股份，曾在 11 月提出以每股 15.20 美元收购该公司，并在 1 月初公开表示该公司尚未对该提议作出回应。</p>
</div><p>The November offer was the second time MCB offered to buy Whitestone. A representative for MCB declined to comment.</p>
<div class="lb-trans"><p>11 月的提议是 MCB 第二次提出收购 Whitestone。MCB 的代表拒绝置评。</p>
</div><p>Whitestone’s stock price closed at $14.98 on Thursday, valuing the company at roughly $763 million.</p>
<div class="lb-trans"><p>Whitestone 的股价在周四收于 14.98 美元，公司的估值约为 7.63 亿美元。</p>
</div>

EXCLUSIVE-Whitestone REIT attracts takeover interest, faces proxy fights, sources say

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独家消息——消息人士表示，Whitestone REIT 吸引了收购兴趣，并面临代理权争夺战