Kushner Cos offers to buy real estate company Veris Residential – WSJ

(Reuters) – Jared Kushner’s family real-estate firm, Kushner Cos, is making an unsolicited bid for Veris Residential Inc <VRE.N>, in a deal that would value Veris at about $4.3 billion, the Wall Street Journal reported on Thursday.

Kushner Cos offered $16 a share for the real-estate investment trust, the report said, citing a person familiar with the matter.

Veris Residential and Kushner Cos did not immediately respond to Reuters requests for comment.

(Reporting by Rittik Biswas in Bengaluru; Editing by Sandra Maler)

Reuters

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