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Kushner Cos offers to buy real estate company Veris Residential – WSJ

2022.10.20 20:15

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© Reuters.

(Refiles to fix typo in Reuters Instrument Code VRE.N)

(Reuters) – Jared Kushner’s family real-estate firm, Kushner Cos, is making an unsolicited bid for Veris Residential Inc (N:), in a deal that would value Veris at about $4.3 billion, the Wall Street Journal reported on Thursday.

Kushner Cos offered $16 a share for the real-estate investment trust, the report said, citing a person familiar with the matter.

Veris Residential and Kushner Cos did not immediately respond to Reuters requests for comment.

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