Brookfield Asset Management has entered into a definitive agreement to acquire all outstanding shares of Peakstone Realty Trust for $21.00 per share in cash, representing an implied enterprise value of approximately $1.2 billion. The purchase price reflects a 34% premium to Peakstone’s share price on January 30, 2026, as well as a 46% premium to the 30-day volume weighted average price and a 51% premium to the 90-day volume weighted average price for the period ended January 30, 2026. The Peakstone Board has unanimously approved the transaction, which is expected to close by the end of the second quarter of 2026, subject to customary closing conditions, including shareholder approval. Following completion, Peakstone’s shares will be delisted from the New York Stock Exchange and the company will become privately held. Peakstone has suspended its regular quarterly dividend, effective immediately, until the transaction closes or the agreement is terminated.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peakstone Realty Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260201864040) on February 02, 2026, and is solely responsible for the information contained therein.
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