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Brookfield, CPP Investments to Acquire LXP Industrial Trust for $5.2B

Brookfield Asset Management is lined up for a big industrial acquisition. The global alternative asset manager with more than $1 trillion of assets under management has teamed with the Canada Pension

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Summary

Brookfield Asset Management is lined up for a big industrial acquisition.

The global alternative asset manager with more than $1 trillion of assets under management has teamed with the Canada Pension Plan Investment Board (CPP Investments) to acquire LXP Industrial Trust in an all-cash deal valued at approximately $5.

2 billion, the firms announced Monday. LXP, […]

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