Prologis Acquires Duke Realty in $26 Billion All-Stock Merger
June 13, 2022
Prologis (NYSE: PLD) and Duke Realty (NYSE: DRE) entered into a definitive merger agreement in which Prologis will acquire Duke Realty in an all-stock transaction valued at approximately $26 billion (including assumption of debt). The deal was unanimously approved by both boards and was expected to close in Q4 2022, subject to shareholder and customary closing conditions.
- Buyers
- Prologis
- Targets
- Duke Realty
- Industry
- Infrastructure
- Location
- Indiana, United States
- Transaction Type
- Buyout
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