KingSett Capital, Choice Properties to acquire First Capital in $6.85 billion deal
16/04/2026 12:51
April 16 (Reuters) - Real estate investment trust Choice Properties CHP_u.TO and KingSett Capital will acquire First Capital REIT FCR_u.TO in a cash-and-stock deal worth about C$9.4 billion ($6.85 billion), the companies said on Thursday. ($1 = 1.3730 Canadian dollars) (Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Jonathan Ananda) ((Aatreyee.Dasgupta@thomsonreuters.com;))
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