BRIEF-Brookfield And CPP Investments To Acquire LXP Industrial Trust In $5.2 Billion All-Cash Transaction

LXP Industrial Trust
Brookfield Asset Management Ltd. Class A

LXP Industrial Trust

LXP

0.00

Brookfield Asset Management Ltd. Class A

BAM

0.00

July 20 (Reuters) - BROOKFIELD ASSET MANAGEMENT LTD BAM.N:

  • LXP INDUSTRIAL TRUST - SHAREHOLDERS TO RECEIVE $61.20 PER SHARE IN CASH

  • BROOKFIELD AND CPP INVESTMENTS TO ACQUIRE LXP INDUSTRIAL TRUST IN $5.2 BILLION ALL-CASH TRANSACTION

  • LXP INDUSTRIAL TRUST - SHARES TO BE DELISTED FROM NYSE AND COMPANY TO BECOME PRIVATELY HELD UPON COMPLETION

  • LXP INDUSTRIAL TRUST - TO SUSPEND COMMON SHARE DIVIDENDS UNTIL CLOSING OR TERMINATION OF AGREEMENT

  • LXP INDUSTRIAL TRUST - DEFINITIVE AGREEMENT INCLUDES 40-DAY GO-SHOP PERIOD EXPIRING AUG 28, 2026

Source text: ID:nGNX8PCWNk

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