two and LatAm Logistic Properties S.A. Agree to Combine, Creating a Leading Publicly Traded Developer, Owner, and Manager of Modern Logistics Real Estate in Central and South America
LatAm Logistic Properties is one of the only Institutional Industrial Platforms operating across the region, bringing the development of class A warehouses to undersupplied marketsEstimated post-transaction enterprise value of $578 Million based on a minimum of $25 Million in net cash proceeds to fund growth (assuming 70% redemptions from two's trust account)LatAm Logistic Properties' management will roll 100% of their existing shares into equity of the combined company ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, Aug. 15, 2023 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a