Key facts: Ares Management to Acquire Plymouth Industrial REIT for $2.1B; ARES Stock Declines
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- Ares Management is acquiring Plymouth Industrial REIT in a transaction valued at around $2.1 billion, including debt, with Plymouth shareholders set to receive $22 per share.1
- Ares Management (ARES) stock has fallen, reflecting a broader decline in the private credit market and concerns over weakening credit conditions.2