M&A
confidence high
sentiment neutral
materiality 0.50
Rithm Capital completes $1.8B acquisition of Paramount Group; provides pro forma combined financials
Rithm Capital Corp.
- Total purchase price of approximately $1.8 billion; Paramount shareholders received $6.60 per share in cash.
- Pro forma combined net income attributable to common stockholders: $458.4M for nine months ended Sep 30, 2025; $772.1M for year ended Dec 31, 2024.
- Acquisition funded through cash on hand and a $50M equity investment from Rithm Property Trust Inc.
- Merger accounted for as an asset acquisition; no goodwill recognized.
- Paramount's historical financial statements (audited FY 2024, unaudited nine months 2025) and pro forma data now filed.