Brookfield and CPP Investments Acquire LXP Industrial Trust for $5.2 Billion

Brookfield Asset Management (BAM) and Canada Pension Plan Investment Board entered a merger agreement on July 20, 2026, to acquire LXP Industrial Trust (LXP) in a deal valued at $5.2 billion. Deal Structure: LXP shareholders will receive $61.2 per share in cash, representing a premium of 4.6% from the stock’s last close. Company Profile: LXP