« China could become world’s largest exporter by 2010

TPG Post becomes TNT Post on 15 May 2006 »

ProLogis Closes $5.5 Billion Merger With Catellus

published: cw 37, 2005 in Mergers & acquisitions

ProLogis (NYSE: PLD), a leading global provider of distribution facilities and services, today announced the closing of the merger under which a subsidiary of ProLogis has acquired Catellus Development Corporation (NYSE: CDX) for total consideration of approximately $5.5 billion, including assumed liabilities and transaction costs.


The combined company offers the world’s largest network of distribution facilities and services, with over 368 million square feet in 2,304 facilities owned, managed and under development in 76 markets in North America, Europe and Asia, as well as unparalleled land positions, supporting more than 133 million buildable square feet of development potential across its global markets.

As result of the merger, the ProLogis board will be extended by Nelson Rising, former CEO of Catellus and Christine Garvey, former member of Catellus’ board of directors and consultant at Deutsche Bank AG.

Source: ProLogis


----- Advertisement -----
First edition, paperback, isbn 978-9-0787-4401-6 First edition, hardcover, isbn 978-9-0787-4402-3
The Glossary of Terms in Logistics & Shipping is the most comprehensive paper-based dictionary and therefore the standard for defining terms used in the area of Logistics and Shipping.

Use this powerful tool to expand your professional vocabulary and ensure that everyone on your team is speaking the same language.


www.theKnowledgeTransfer.com
First edition, paperback, isbn 978-9-0787-4401-6
paperback student version
$ 19,99


First edition, hardcover, isbn 978-9-0787-4402-3</a>
hardcover executive version
$ 29,99

| Permanent Link | Print This eLog |

(Visited over 19243 times)