M&A / Property
ARTIS AND RFA CAPITAL OBTAIN FINAL COURT APPROVALS FOR PLAN OF ARRANGEMENT

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Executive Summary
- Artis Real Estate Investment Trust and RFA Capital Holdings received final court orders approving their previously announced plan of arrangement, under which RFA will acquire all outstanding units of Artis.
- The arrangement was initially disclosed on September 15 2025, approved by unit‑holders on December 11 2025, and is now expected to close in Q1 2026 pending customary closing conditions.
Key Details
- Final Court Approvals: Orders issued by the Manitoba Court of King's Bench and Ontario Superior Court of Justice (Commercial List) confirming the arrangement.
- Transaction Structure: RFA will acquire 100% of Artis’s outstanding common and preferred units.
- Approval Timeline:
- Initial announcement – September 15 2025
- Unit‑holder approvals – December 11 2025
- Court approvals – December 18 2025 (this release)
- Expected Closing: First quarter of 2026, subject to customary closing conditions and any required waivers.
- Reference Documents: Details of the arrangement are set out in Artis’s management information circular dated November 10 2025.
Notable Quotes
(No direct quotes were provided in the release.)
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Feb 04, 2026 · 09:19