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LONDON, April 11 (Reuters) - European self-storage company Shurgard has agreed to buy UK-listed rival Lok'nStore in a deal worth 378 million pounds ($474 million), the companies said in a joint statement on Thursday.
Shurgard has agreed to spend 11.10 pounds in cash for each Lok'n Store share, which it said represents a 15.9% premium to its closing price on April 10. ($1 = 0.7977 pounds) (Reporting by Iain Withers Editing by David Goodman )
