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Prologis to buy warehouse rival Liberty in $12.6b deal

Prologis to buy warehouse rival Liberty in $12.6b deal

FILE PHOTO: A general view of the main entrance of Prologis logistics complex which Amazon.com Inc is planning to rent in Cajamar, Brazil February 2, 2018. REUTERS/Gabriela Mello

Ismail Shakil, Lawrence Delevingne

29 October, 2019

Warehouse giant Prologis Inc said on Sunday it had agreed to acquire rival industrial real-estate business Liberty Property Trust in a $12.6 billion deal to improve its U.S. presence amid the e-commerce boom.

Printed by Unregistered user on Mon, 25 Sep 2023 17:49:41 GMT

Liberty Property Trust Prologis Inc

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