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INDUS Realty Trust Receives Unsolicited, Non-Binding Acquisition Proposal From Centerbridge Partners, L.P. To Acquire 100% Of Outstanding Shares It Does Not Own For $65/Share In Cash Consideration

Author: Benzinga Newsdesk | November 28, 2022 08:31am

INDUS Realty Trust, Inc. (NASDAQ:INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced it received on November 27, 2022 an unsolicited, non-binding proposal from Centerbridge Partners, L.P.—which currently owns approximately 14.8% of the Company’s common stock—and GIC Real Estate, to acquire 100% of the outstanding shares of the Company’s common stock that Centerbridge does not already own for cash consideration of $65.00 per share.

Posted In: INDT


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