Sidley Represents Special Committee of Slate Grocery REIT in Its US$2.3 Billion Sale to Brixmor and Everview Partners

Sidley is representing the special committee of independent trustees of Slate Grocery REIT (TSX: SGR.UN), an owner and operator of U.S. grocery-anchored real estate, in its all-cash acquisition by a joint venture between Brixmor Property Group Inc. (Brixmor) and affiliates of Everview Partners, L.P. (Everview). Brixmor and Everview will acquire all the issued and outstanding trust units of Slate Grocery REIT for US$13.00 per unit in cash, representing a total enterprise value of US$2.3 billion.

The transaction is the culmination of a strategic review process announced in May 2026, at which time the special committee was formed to evaluate strategic alternatives.

The Sidley team was led by Adam Cromie and David Grubman (M&A and Private Equity) and Christian Brause (Tax), and included Kim Gubbels and Ashka Sheth (M&A and Private Equity); Nicholas Brandfon and Connor T. Evans (Real Estate); Katarina Molnarova, Jeffrey E. Ross, Sumita Ahuja, Jim Albrecht, and Reid McKinney (Global Finance); Dustin R. Anderson (Tax); and James Heyworth (Securities and Shareholder Litigation).