Peakstone Realty Trust 8K

Brookfield Asset Management agreed to acquire Peakstone Realty Trust for $21.00 per share in cash, a $1.2 billion take-private transaction unanimously approved by Peakstone’s board and expected to close by late Q2 2026, with a go-shop period and suspended dividends until closing.

On February 2, 2026, Brookfield Asset Management announced that a Brookfield private real estate fund has entered into a definitive agreement to acquire Peakstone Realty Trust in an all-cash transaction for $21.00 per share, implying an enterprise value of approximately $1.2 billion and representing premiums of 34% to Peakstone’s January 30, 2026 closing price and 46% and 51% to its 30-day and 90-day VWAPs, respectively; the Peakstone board unanimously approved the deal, which includes a 30-day go-shop period through March 4, 2026, requires shareholder approval and customary closing conditions, is expected to close by the end of the second quarter of 2026 (with an outside date of August 2, 2026), provides for a termination fee in the event of a superior proposal, mandates suspension of Peakstone’s regular quarterly dividend until closing or termination of the agreement, and will result in Peakstone becoming a privately held company and delisting from the NYSE upon completion.

Filing Facts

CIK

1600626

Ticker

-

Form

8K

Source Type

sec

Accession

0001140361-26-003102

Alert Tier

8