Plymouth Industrial REIT Shareholders Approve $2.1 Billion Sale to Makarora and Ares

Reuters
01/23
Plymouth Industrial REIT Shareholders Approve $2.1 Billion Sale to Makarora and Ares

Plymouth Industrial REIT stockholders have approved the all-cash acquisition of the company by entities affiliated with Makarora Management LP and Ares Alternative Credit funds. Under the terms of the agreement, Makarora and Ares will acquire all outstanding shares of Plymouth’s common stock and all outstanding limited partnership interests for $22.00 per share, valuing the transaction at approximately $2.1 billion including the assumption of certain debt. The acquisition is expected to close on or about January 27, 2026, subject to customary closing conditions. Final vote results from the special meeting of stockholders will be provided in a forthcoming SEC filing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plymouth Industrial REIT Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9631071) on January 22, 2026, and is solely responsible for the information contained therein.

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