Axia Real Assets proposes to acquire Plaza Retail REIT in deal valued at C$1.23B
Seeking Alpha ·
Axia Real Assets submitted a non-binding offe r to Plaza Retail REIT ( PLZ.UN:CA ) ( PAZRF ) at a price of C$5.28 per unit, valuing the REIT at ~C$1.23B (US$870M), the company said Tuesday. The proposed per-unit price represents a ~20% premium to its closing trading
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