Acquisition | PHYSICIANS REALTY TRUST | 1st March 2024
On October 29, 2023,PHYSICIANS REALTY TRUST entered into a merger agreement with HEALTHPEAK PROPERTIES INC pursuant to which each outstanding share of PHYSICIANS REALTY TRUST will be converted into right to receive 0.674 shares of the acquiror HEALTHPEAK PROPERTIES INC. On 21 February 2024 shareholders of PHYSICIANS REALTY TRUST approved the merger.Consummation of the Mergers are subject to the satisfaction or waiver of customary closing conditions. The merger is expected to close on or about March 1, 2024.
- PHYSICIANS REALTY TRUST will be removed from the Index.
- The weight of PHYSICIANS REALTY TRUST (DOC.N) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 01/03/2024
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- PHYSICIANS REALTY TRUST will be removed from the Index.
- The shares of HEALTHPEAK PROPERTIES INC (PEAK.N) will be increased according to the stock terms of the transaction.
- Effective Date (open): 01/03/2024
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