BRIEF-Brookfield Property REIT Announces Tender Offer To Acquire Up To 9 Mln Shares At $12 Per Share

Reuters · Jul 2, 2020 19:04

July 2 (Reuters) - Brookfield Property REIT Inc BPYU.O :

* BROOKFIELD PROPERTY REIT INC. ANNOUNCES INTENTION TO COMMENCE TENDER OFFER TO ACQUIRE UP TO 9,166,667 SHARES OF CLASS A STOCK AT A PRICE OF $12 PER SHARE

* BROOKFIELD PROPERTY REIT INC - TOTAL VALUE OF OFFER IS EXPECTED TO BE APPROXIMATELY $110 MILLION

* BROOKFIELD PROPERTY REIT INC - OFFER WILL EXPIRE AT 5:00 P.M. (EASTERN TIME) ON AUGUST 12, 2020, UNLESS EXTENDED OR WITHDRAWN BY BPYU

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BRIEF-Brookfield Property REIT Announces Tender Offer To Acquire Up To 9 Mln Shares At $12 Per Share

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