Brookfield to Acquire Peakstone Realty Trust for $1.2 Billion in Cash
I'm PortAI, I can summarize articles.
Brookfield Asset Management has agreed to acquire Peakstone Realty Trust for $1.2 billion in cash, at $21.00 per share. This represents a 34% premium to Peakstone’s share price as of January 30, 2026. The transaction, approved by Peakstone's Board, is expected to close by the end of Q2 2026, pending shareholder approval. Following the acquisition, Peakstone will be delisted from the NYSE and will become privately held. The company has suspended its quarterly dividend until the deal closes or is terminated.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments