[Indiscernible Analyst]'s questions to Lineage Inc (LINE) leadership • Q3 2024
Question
[Indiscernible Analyst] asked about the competitive landscape for acquisitions on the open market, including the number of bidders and expected pricing.
Answer
CFO Robert Crisci acknowledged that there is competition for attractive assets but highlighted Lineage's advantages, including operational expertise and a superior cost of capital post-IPO. He noted that while the recent deal was at 14x, every deal is unique, and the company's global platform allows it to find the best risk-adjusted, accretive returns.