LXP Industrial Trust Completed Acquisition by Brookfield and CPP Investments
LXP Industrial Trust completed its acquisition by Brookfield Asset Management and Canada Pension Plan Investment Board in an all-cash transaction valued at approximately $5.2 billion. Common shareholders received $61.20 per share in cash, resulting in the delisting of the company's shares from the New York Stock Exchange and its transition to a privately held company.
Key points
- Common shareholders received $61.20 per share in cash upon the completion of the merger on November 2, 2026.
- The transaction values LXP at approximately $5.2 billion, including net debt and preferred equity.
- LXP requested the delisting of its common and preferred shares from the New York Stock Exchange.
The filing
Written by AI (Google Gemini, gemini-3.5-flash-lite) on Nov 2, 2026, 5:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.