POTENTIAL DEAL DETAILS
|Stock||INDUS Realty Trust, Inc.||Symbol||INDT|
|Date Announced||11/28/2022||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||Centerbridge|
INDUS Realty Trust (INDT), a U.S. based industrial/logistics REIT, announced it received 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.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.