Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Public Storage acquires company of the same name for $1.2 billion to enter the Canadian market

Public Storage acquires company of the same name for $1.2 billion to enter the Canadian market

格隆汇格隆汇2026/06/23 01:58
Show original
Glonghui, June 23 — U.S. self-storage operator Public Storage announced that it will acquire the independently operated company of the same name, Public Storage Canada, in a stock and cash transaction valued at approximately $1.2 billion. The deal is expected to close in the second half of 2026. This move follows the agreement reached in March, when the company acquired smaller rival National Storage Affiliates in an all-stock transaction valued at around $10.5 billion, aiming to expand into high-growth regions in the United States.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

siRNA rising star ADARx (ADRX.US) launches $350 millions IPO, AbbVie subscribes to 4.9% of shares with a maximum investment of $100 millions

ADARx plans to raise $350 millions and list on Nasdaq. AbbVie will invest up to $100 millions to acquire a 4.9% stake, with a median valuation of $1.8 billions.

智通财经2026/09/22 07:21

Roche (RHHBY.US) weight loss injection shows positive mid-term trial results: average weight loss of 15.5% over 48 weeks, blood sugar levels drop by 2.65%.

The experimental weight-loss injection enicepatide simultaneously lowered blood sugar and body weight in overweight or obese patients with type 2 diabetes during a mid-stage clinical trial.

智通财经2026/09/22 07:11

SPAC company Silicon Valley Acquisition II (SVATU.US) applies for US stock IPO, aiming to raise up to 220 millions USD.

The blank-check company (SPAC) Silicon Valley Acquisition II submitted a filing to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to raise up to 220 millions USD through an initial public offering (IPO).

智通财经2026/09/22 07:11