M&A radar: Let the good logistics times roll – CAI $2.9bn takeover
It gets better with each passing day.
Whopping M&A deals don’t normally slide under the radar but this one might have passed you by.
US-based supply chain landlord Prologis has acquired US/UK-focused Liberty Property in an all-share deal worth $12.6bn, including Liberty’s debt, we were informed on Sunday.
Having only recently completed the $8.5bn all-share acquisition of DCT Industrial Trust, Prologis has now (subject to approval of course) executed more than $20bn in transactions, putting itself at the forefront of global consolidation in the sector – and of course, ...