Thursday, February 2

Healthcare Trust of America in late talks to combine with Healthcare Realty Trust – WSJ

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Healthcare Trust of America Inc, which invests in real estate primarily consisting of medical office buildings, is in late talks to combine with rival Healthcare Realty Trust Inc in a deal that could create a company worth more than $10 billion, the Wall Street Journal reported on Thursday.

A cash-and-stock deal could be finalized by early next week, the report said, citing people familiar with the matter. (

Activist investor Elliott Investment Management in October had urged Healthcare Trust of America to launch a strategic review and explore a sale of the real estate investment trust.

Healthcare Realty Trust has a market capitalisation of $4.56 billion, while Healthcare Trust of America is valued at $6.56 billion, according to Refinitiv data.

Both the companies did not immediately respond to Reuters’ requests for comment. (Reporting by Dania Nadeem in Bengaluru; Editing by Maju Samuel)