Brookfield (BAM) to acquire LXP Industrial Trust (LXP) for USD 5.2bln all-cash
Newsquawk Staff ·
Brookfield (BAM) to acquire LXP Industrial Trust (LXP) for USD 5.2bln all-cash.
What it means
Brookfield's acquisition of LXP Industrial Trust for USD 5.2 billion in cash signals its aggressive expansion in the industrial real estate sector. 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.
Sources
- US President Trump on Iran, says may do it a little bit further
- US President Trump, on Ukraine’s Starlink (SPCX) access, says it’s a very interesting situation; won’t comment on whether he spoke to Elon Musk; bottom line is Musk put it back
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act
Related headlines
- US President Trump invokes Section 232 on wind turbine imports2 hours ago
- US President Trump signs EO on housing costs, aiming to cut mortgage insurance premiums2 hours ago
- US President Trump called Musk and asked him to lift Ukraine Starlink (SPCX) restrictions, WSJ reports4 hours ago
- US President Trump says "Iran is doing everything they can to drive up the price of Oil prior to the U.S. Midterm Election". 6 hours ago
- Money markets no longer full price a Fed rate hike before end of 20265 hours ago
- Infineum is exploring a USD 8bln sale, the FT reports8 hours ago
- [Market Update] Risk-off trade continues as AI concerns linger; stocks trade at new lows with NQ -3.0% as tech leads losses, while gold sees new lows; Treasuries push to new highs, weighing on USD; oil trades off highs supported by geopolitical risk4 hours ago
- OpenAI is raising up to USD 30bln in funding round at a USD 1.25tln valuation, led by UAE investors, according to CNBC, citing sources; OpenAI is negotiating a commercial deal that would secure more computing capacity from the UAE1 hour ago
- Bloom Energy (BE) Q3 2026 (USD): Adj. EPS 0.94 (exp. 0.69), Revenue 1.24bln (exp. 1.06bln)2 hours ago
- Western Digital (WDC) Q1 2027 (USD): Adj. EPS 4.64 (exp. 4.08), Revenue 4.38bln (exp. 4.14bln)2 hours ago
- Elon Musk makes USD 1bln investment in Skydance (SKYD), Semafor reports6 hours ago
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile8 hours ago
- A US source told Al Arabiya that the Florida meetings between Lebanon and Israel ended without a breakthrough3 hours ago
- Canada's US trade negotiator Charette says don't expect to go back to tariff-free trade with the US4 hours ago
- Washington will determine the timing of the next attacks on Iran, reports Al Hadath citing sources telling Israel Hayom9 hours ago