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Brookfield, CPP Investments to buy LXP Trust for $5.2B cash

Stocks & Finance
Brookfield, CPP Investments to buy LXP Trust for $5.2B cash

M&A Mergers And Acquisitions

Brookfield Asset Management (BAM) and the Canada Pension Plan Investment Board have partnered to acquire LXP Industrial Trust (LXP) in an all-cash transaction valued at ~$5.2 billion, including net debt and preferred equity.

LXP owns one of the largest portfolios


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