Mergers & Acquisitions ·
LXP Industrial Trust entered into a definitive merger agreement on July 19, 2026, to be acquired by Brookfield Asset…
LXP-PCLXP Industrial Trust
LXP Industrial Trust entered into a definitive merger agreement on July 19, 2026, to be acquired by Brookfield Asset Management and CPP Investments in an all-cash transaction valued at approximately $5.2 billion. Under the agreement, LXP common shareholders will receive $61.20 per share in cash. The transaction is expected to close in the fourth quarter of 2026, subject to shareholder approval and customary closing conditions. The deal includes a 40-day go-shop period ending August 28, 2026, allowing the company to solicit alternative proposals. LXP has agreed to suspend regular quarterly dividends during the pendency of the merger. LXP Industrial Trust is a real estate investment trust that owns warehouse and logistics facilities.