Brookfield and CPP Investments Complete Acquisition of LXP Industrial Trust
Brookfield Asset Management and CPP Investments completed their all-cash acquisition of LXP Industrial Trust, valuing the target at approximately $5.2 billion including net debt and preferred equity. LXP shareholders received $61.20 per share in cash; LXP shares no longer trade on the NYSE and the company is now privately held.
Key figures
- Deal Value Usd
- 5200000000
- Lxp properties
- 107
- Lxp square feet
- approximately 52 million
- Per share price
- $61.20
- Brookfield logistics platform
- over 255 million square feet across over 850 properties in 20 countries
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.