Brookfield And CPP Investments Complete $5.2B Acquisition Of LXP Industrial Trust
Brookfield Asset Management (NYSE:BAM, TSX:BAM) ("Brookfield") and Canada Pension Plan Investment Board ("CPP Investments"), today announced the completion of their acquisition of LXP Industrial Trust
Brookfield and a Canadian pension fund bought LXP Industrial Trust for 5.2 billion dollars. When big investors team up to buy a company, it shows they believe in its real estate warehouses and future profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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