Centerbridge Partners and GIC to Acquire INDUS Realty Trust in $868M All-Cash Deal
March 31, 2023
INDUS Realty Trust, Inc. announced it filed a preliminary proxy statement for a previously announced definitive all-cash merger valued at approximately $868 million. The deal would be acquired by affiliates of Centerbridge Partners, L.P. and GIC, with ADIA committing to become a strategic investor post-closing.
- Buyers
- Centerbridge Partners, L.P., GIC, Abu Dhabi Investment Authority (ADIA)
- Targets
- INDUS Realty Trust, Inc.
- Industry
- Infrastructure
- Location
- New York, United States
- Transaction Type
- Buyout
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