Slate Grocery REIT to be acquired by Brixmor and Everview Partners for US$2.3 billion
Deal values Slate Grocery REIT at US$13.00 per unit in cash. The REIT says the termination fee is $31 million and the reverse termination fee is $63 million.
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Deal values Slate Grocery REIT at US$13.00 per unit in cash. The REIT says the termination fee is $31 million and the reverse termination fee is $63 million.
Slate Grocery REIT TSX:SGR.U
Slate Grocery REIT said it entered a definitive agreement to be acquired by a joint venture between Brixmor Property Group and Everview Partners for US$13.00 per unit in cash. The transaction values the REIT at about US$2.3 billion and is subject to unitholder approval.
Slate Grocery REIT Enters Into Definitive Agreement To Be Acquired By Brixmor And Everview Partners In A US$2.3 Billion Transaction For US$13.00 Per Unit In Cash >SGR.UN.T