Public Storage to acquire National Storage Affiliates in all-stock deal valued at USD 10.5 billion

Reuters

Mar 16

<a href="https://laohu8.com/S/PASDL">Public Storage</a> to acquire National Storage Affiliates in all-stock deal valued at USD 10.5 billion

Public Storage agreed to acquire National Storage Affiliates in an all-stock deal with an enterprise value of about USD 10.5 billion. National Storage Affiliates shareholders and operating partnership unitholders will receive 0.14 $Public Storage(PSA-N)$ shares or partnership units per National Storage Affiliates share or unit. The transaction is expected to close in Q3 2026, subject to National Storage Affiliates equity holder approval and other customary closing conditions. Before closing, Public Storage and National Storage Affiliates operating partnership unitholders plan to form a joint venture holding 313 properties valued at about USD 3.3 billion. Public Storage arranged USD 4 billion of committed financing, consisting of a USD 2 billion corporate bridge loan and a USD 2 billion joint venture bridge loan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Public Storage published the original content used to generate this news brief on March 16, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Public Storage published the original content used to generate this news brief on March 16, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4533","symbol_name":"AQR资本管理(全球第二大对冲基金)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260316:nNDL1ZgfY:1","article_id":"2619522284","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619522284","pubTimestamp":1773659147,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Public Storage agreed to acquire National Storage Affiliates in an all-stock deal with an enterprise value of about USD 10.5 billion. 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