Global Net Lease to acquire Necessity Retail REIT in nearly $950 mln all-stock deal

Global Net Lease

24/05/2023 02:58

May 23 (Reuters) - Global Net Lease Inc  GNL.N  will
acquire Necessity Retail REIT Inc  RTL.O  in an all-stock deal
that would value the combined entity at $949.42 million, the
companies said late on Tuesday.

 (Reporting by Anirudh Saligrama in Bengaluru; Editing by
Subhranshu Sahu)
 ((Anirudh.Saligrama@thomsonreuters.com; @journoanirudh on
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