Brookfield And CPP Investments To Acquire LXP Industrial Trust In $5.2 Billion All-Cash Transaction - LXP News | RalliesBrookfield And CPP Investments To Acquire LXP Industrial Trust In $5.2 Billion All-Cash Transaction
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LXP• Agreement timeline
- The definitive agreement includes a 40-day go-shop period expiring Aug. 28, 2026.
Post-closing plans
- LXP Industrial Trust said its shares are expected to be delisted from the NYSE and the company will become privately held upon completion.
- The company also said it will suspend common share dividends until closing or termination of the agreement.
Deal terms and cash consideration
- LXP Industrial Trust shareholders are set to receive $61.20 per share in cash.
- Brookfield and CPP Investments will acquire LXP Industrial Trust in a $5.2 billion all-cash transaction.
