KingSett Capital, Choice Properties to Acquire First Capital in $6.85 Billion Deal

KingSett Capital, Choice Properties to acquire First Capital in $6.85 billion deal

Real estate investment trust ​Choice Properties and private-equity firm KingSett Capital will ‌acquire First Capital REIT in a cash-and-stock deal worth about C$9.4 billion ($6.85 billion) including debt, the companies said on Thursday.

First Capital REIT acquired by Choice Properties and KingSett for $5.2-billion

First Capital investors to receive $24.40 per unit; Choice and KingSett to split portfolio

George Weston Limited Commits $600 Million Equity Investment to Choice Properties REIT in Connection with Its Proposed Acquisition of Real Estate Assets from First Capital REIT

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Choice Properties REIT and KingSett Capital buying First Capital REIT

TORONTO - Choice Properties REIT and KingSett Capital have signed a deal to buy First Capital REIT in a unit-and-cash agreement valued at about $9.4 billion, including the assumption of certain debt.