Brookfield (BAM) to acquire LXP Industrial Trust (LXP) for USD 5.2bln all-cash
Brookfield's acquisition of LXP Industrial Trust for USD 5.2 billion in cash signals its aggressive expansion in the industrial real estate sector.
US House Rules Committee is preparing a measure for an interim spending bill to run through early December, and also a framework for reconciliation 3.0, Fox's Pergram reports
Exports of heavy rare earths are stagnating says a source, cited by Nikkei; they suggest that are granting export permits just ahead of a serious impact on the operation of automobile factories
Brookfield (BAM) to acquire LXP Industrial Trust (LXP) for USD 5.2bln all-cash
Bank of Israel minutes note that all MPC members voted to cut the benchmark interest rate by 25bps to 3.5% on July 6th
European Commission fines AliExpress (BABA / 9988 HK) EUR 550mln for breaching the Digital Services Act
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This move may be viewed positively, potentially enhancing Brookfield's portfolio and revenue streams, while setting a precedent for further M&A activity in the sector, particularly among peers seeking similar strategic growth.
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