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    LXI — LXi REIT News Story

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    Brief: LXI REIT, LondonMetric Confirm Possible All-Share Merger Talks Between The Firms

    Picture of LXi REIT logoLXi REIT
    18/12/2023 14:50
    Dec 18 (Reuters) - LondonMetric Property PLC  LMPL.L  &
LXI REIT Plc  LXIL.L  :
    * LXI REIT PLC LONDONMETRIC  - POSSIBLE ALL-SHARE MERGER OF
LXI
AND LMP
    * LXI : CONFIRM DISCUSSIONS REGARDING A POSSIBLE ALL-SHARE
MERGER
OF LXI AND LONDONMETRIC
    * LXI : POSSIBLE MERGER WOULD RESULT IN UK-FOCUSED TRIPLE
NET
LEASE REIT WITH A PRO FORMA GROSS ASSET VALUE OF ABOUT £6.4
BILLION
    * LXI : POSSIBLE MERGER WOULD RESULT IN MARKET
CAPITALISATION OF
ABOUT £3.9 BILLION

Source text for Eikon:  ID:nRSR1909Xa 
Further company coverage:  LMPL.L 
    

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

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