Canada's Pure Industrial Real Estate Trust shareholders will meet March 23 to vote on the pending C$3.8 billion all cash acquisition of the company by a Blackstone Group LP affiliate.
Under the deal announced in January, Blackstone Property Partners will acquire the company for C$8.10 per unit. The transaction, expected to close in the second quarter of 2018, requires at least two-thirds of shareholders to vote in favor or it, in addition to other requirements.
The record date to vote at the meeting is Jan. 24.
