Ancora Builds Big Yellow Group Stake and Pushes to Explore Sale, Bloomberg Reports

3-line summary

• Ancora Holdings Group has amassed a stake of more than 4% in UK self-storage operator Big Yellow Group and plans to push the board for a strategic review aimed at attracting financial and strategic buyers, according to Bloomberg via Investing.com.
• Ancora argues shares, down 28% over the past year, trade at roughly a 40% discount to net asset value. Potential buyers cited in the report include Heitman, Nuveen, KKR, Public Storage, and Extra Space Storage.
• The report notes a prior Blackstone take-private attempt for Big Yellow failed; Ancora's campaign is expected to be disclosed by executive James Chadwick at the Sohn San Francisco investment conference. Big Yellow's FY2026 revenue was £209.1 million, up 2% year-on-year, with a market cap of about £1.6 billion.

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