Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Plymouth Industrial REIT agrees to $2.1B all-cash acquisition at $22/share, ending public status in early 2026.

flag Plymouth Industrial REIT (PLYM) has agreed to be acquired in a $2.1 billion all-cash deal by affiliates of Makarora Management LP and Ares Alternative Credit funds, offering $22.00 per share—a 50% premium to its August 18, 2025, stock price. flag The transaction, approved by Plymouth’s board, is expected to close in early 2026 pending shareholder and regulatory approval. flag A 30-day go-shop period ends November 23, 2025, during which alternative bids may be sought. flag Plymouth will pay its third-quarter dividend on October 31, 2025, but will suspend further dividends and earnings disclosures during the process to maintain REIT status. flag Upon closing, Plymouth will become private, delist from the NYSE, and cease public reporting. flag The company’s industrial properties in the Midwest and East Coast, within a day’s drive of 70% of the U.S. population, were cited as key attractions. flag Key advisors include KeyBanc, J.P. Morgan, Moelis, Citi, and several law firms.

3 Articles