Brookfield Asset Management, CPP Investments Close $5.2 Billion All-Cash Deal for LXP Industrial Trust

07:09 AM EST, 11/02/2026 (MT Newswires) -- Brookfield Asset Management (BAM) and CPP Investments completed their approximately $5.2 billion all-cash acquisition of LXP Industrial Trust (LXP), the companies said Monday. Under the terms, LXP shareholders received $61.20 per share in cash. Following the deal's completion, LXP was delisted from the New York Stock Exchange and became privately held, the companies added.