Big Yellow Shares Rally 5% as Ancora Urges Sale of UK Storage Giant

Shares of UK storage specialist Big Yellow (BIGY) jumped 5% after private‑equity owner Ancora announced it was pushing for a sale of the company. Ancora, which holds a controlling stake, said a sale could unlock value for shareholders. The 5% rise lifted the stock to an intraday high, reflecting investor optimism about a potential exit. Analysts note that Ancora’s move could signal a broader trend of private‑equity owners seeking to monetize positions in the logistics and storage sector. Meanwhile, broader markets were mixed: the FTSE 100 gained 0.2%, while the STOXX Europe 600 slipped 0.3%. Commodity prices were largely flat, with gold at $4,153.38, silver at $59.04, WTI crude at $94.09 and Brent at $105.50.