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

    Picture of BROOKFIELD ASSET MANAGEMENT logoBROOKFIELD ASSET MANAGEMENT
    20/07/2026 11:38
    BRIEF-Brookfield And CPP Investments To Acquire LXP Industrial Trust In $5.2 Billion All-Cash Transaction
    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
    Further company coverage: BAM.N

     ((Reuters.Briefs@thomsonreuters.com;))

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