LXP Industrial Trust Shareholders Approve Acquisition by Brookfield, CPPIB

MT newswire2026/10/26 21:22

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

05:22 PM EDT, 10/26/2026 (MT Newswires) -- LXP Industrial Trust (LXP) said late Monday its shareholders approved a buyout by Brookfield Asset Management (BAM) and the Canada Pension Plan Investment Board at a special meeting. More than 99% of votes cast favored the transaction, representing about 82% of LXP's total outstanding common shares. Under the July 20 agreement, LXP common shareholders will receive $61.20 per share in cash. The deal is expected to close on Nov. 2, pending customary closing conditions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Apple raised approximately $7 billion through this bond issuance, which is divided into seven tranches with maturities ranging from two to ten years. The longest tranche was initially priced at a spread of 80 basis points over US Treasuries. The proceeds from the bonds will be used for general corporate purposes, including stock buybacks, dividend payments, and capital expenditures. Analysts pointed out that shareholder returns are a higher priority than AI capital expenditures in Apple's capital allocation.

华尔街见闻•2026/11/05 17:56