---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-029533"
form_type: "8-K"
ticker: null
cik: "0001545654"
company_name: "Alexander & Baldwin, Inc."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:24:53.960326+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Alexander & Baldwin taken private in $2.3B all-cash deal; shares cease trading on NYSE

## Summary
- Enterprise value ~$2.3B; shareholders receive $21.20/share (net $20.85 after Q4 dividend).
- Merger completed March 12, 2026; stock delisted from NYSE and registration to be terminated.
- Parent formed by MW Group, Blackstone Real Estate, and DivcoWest.
- Outstanding debt prepaid: $25M AIG notes and $205M PGIM notes at closing.
- All six directors resigned effective at merger close.

## SEC filing metadata
- accession: 0001104659-26-029533
- form_type: 8-K
- cik: 0001545654
- company_name: Alexander & Baldwin, Inc.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1545654/000110465926029533/0001104659-26-029533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1545654/000110465926029533/tm268388d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-029533
- JSON: https://secwatch.observer/filing/0001104659-26-029533.json
- Plain text: https://secwatch.observer/filing/0001104659-26-029533.txt

## Key facts
- M&A Transactions
  Alexander & Baldwin, Inc. underwent a change of control involving Tropic Purchaser LLC (a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest) for $2.3 billion (closed 2026-03-12).
  - Action: change of control
  - Counterparty: Tropic Purchaser LLC (a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest)
  - Consideration: $2.3 billion
  - Closing: 2026-03-12
  source text: or Company PSU Award, including double-tr --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm268388d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Alexander & Baldwin is Taken Private in $2.3 Billion Transaction HONOLULU, March 12, 2026 /PRNewswire/ -- Alexander & Baldwin (“A&B” or the “Company”), a Hawaiʻi-based owner, operator and developer of high-quality commercial real
  evidence_url: https://www.sec.gov/Archives/edgar/data/1545654/000110465926029533/0001104659-26-029533-index.htm
- M&A Transactions
  Alexander & Baldwin, Inc. completed an acquisition involving Alexander & Baldwin, Inc. (the Company was acquired via merger) for $20.85 per share (net of $0.35 dividend) (closed 2026-03-12).
  - Action: acquisition
  - Counterparty: Alexander & Baldwin, Inc. (the Company was acquired via merger)
  - Consideration: $20.85 per share (net of $0.35 dividend)
  - Closing: 2026-03-12
  source text: by the Company or any subsidiary of the Company or held by Parent or Merger Sub) was cancelled and automatically converted into the right to receive an amount in cash equal to $20.85 per share (which is $21.20 per share less the January Dividend of $0.35 per share), without interest and less any applicable withholding taxes (the “Common Stock Merger
  evidence_url: https://www.sec.gov/Archives/edgar/data/1545654/000110465926029533/0001104659-26-029533-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.