BNP Paribas downgraded Sila Realty Trust (SILA) to Neutral from Outperform with a $31 price target after the company entered into a merger agreement pursuant to which certain affiliates of Blue Owl Real Estate Capital will acquire all outstanding shares of common stock of Sila for $30.38 per share in an all-cash transaction.
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Read More on SILA:
- Midday Fly By: QXO to acquire TopBuild, Lilly to buy Kelonia
- Sila Realty Trust to be acquired by Blue Owl affiliates for $30.38 per share
- Sila Realty Trust Agrees to All-Cash Take-Private Merger
- Sila Realty Trust Balances Growth With Rate Headwinds
- Sila Realty Trust reports Q4 AFFO 55c vs 54c last year
