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Public Storage: All-stock $10.5B acquisition expands scale, delivers synergies, and targets Q3 2026 close
Public Storage is set to acquire National Storage Affiliates in an all-stock deal valued at $10.5 billion, aiming to expand its presence in high-growth U.S. markets. This transaction is expected to generate significant synergies, be accretive to earnings, and is projected to close in the third quarter of 2026. The information is an AI-generated summary from a Public Storage press release.