# Plymouth shareholders will receive cash consideration of $22.00 per share.

*business · news · 2026-01-27 · The Manila Times*

## Key points

- Makarora and Ares have completed the $2.1 billion acquisition of Plymouth Industrial REIT.
- Plymouth shareholders will receive $22.00 per share in cash from the acquisition.
- Following the deal, Plymouth will no longer be publicly traded or listed on any exchange.
- Makarora Management LP was established in 2024, signaling a recent market entrant.

**Companies:** Ares Management Corporation, Makarora Management LP, Plymouth Industrial REIT, Inc.
**Countries:** United States

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/01/28/tmt-newswire/globenewswire/makarora-completes-acquisition-of-plymouth-industrial-reit-for-21-billion/2266450)

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