UPDATE 1-Prologis to buy KTR Capital for $5.9 billion

April 19, 2015 9:12 PM

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* Transaction value includes assumption of $700 million debt (Updates with official statement from Prologis)

NEW YORK, April 19 (Reuters) - Prologis Inc, which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion.

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