Brookfield Asset Management Inc Stock News

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The IL&FS building, its unique glass facade seemingly mirroring BKC''s emergence as Mumbai''s primary corporate hub in the new millennium, is changing hands, with Brookfield Asset Management offering to pay more than ₹1,100 crore for the property that has been home to the debt-laden financier for decades.People with direct knowledge of the development said Brookfield made the highest offer for the 10-storied property that most accurately captures the pronounced northward shift in Mumbai''s financial nerve centre, away from Nariman Point on the southern tip of the metropolis.The asset is being monetized through a price-discovery mechanism and there was no reserve price. However, the IL&FS board had estimated it was worth ₹1,200 crore. "The deal is done. All the documentation and processes will be concluded in the first quarter of next financial year (FY23)," said one of the persons.The building is mortgaged with HDFC for loans outstanding worth ₹400 crore and the sale proceeds will be used to pay off those debts.

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Nielsen Holdings (NLSN) ticked higher on a report that Brookfield Asset Management (BAM) is part of a consortium in talks to acquire the TV/Internet ratings company.Brookfield is…

Blackstone (BX) Real Estate has acquired a 49% stake in One Manhattan West from Brookfield Asset Management (BAM) and Qatar Investment Authority in a deal that values the office building…

Sale Values Office Tower At $2.85 Billion Sale Values Office Tower At $2.85 Billion

Brookfield Asset Management is in talks to acquire one of Australia’s largest non-bank lenders, La Trobe Financial, from Blackstone, Bloomberg reported.

I can’t forget 2021’s record transaction volume or the likelihood of continued M&A activity among REITs. See why 2022 could be another big year for REIT M&A.

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Australian power producer AGL Energy said Monday that it rejected a revised $4 billion (A$5.4 billion) takeover offer from Canada''s Brookfield Asset Management and tech billionaire Mike Cannon-Brookes, noting it undervalued the utility.

AGL Energy (AGLNF) says it rejected a revised takeover proposal from a consortium led by Brookfield Asset Management (BAM) and billionaire Mike Cannon-Brookes, believing it continues…

Australia''s AGL Energy confirmed on Monday it rejected a sweetened A$5.4 billion ($4.0 billion) takeover proposal from tech billionaire Mike Cannon-Brookes and Canada''s Brookfield Asset Management , saying it still undervalued Australia''s top power producer.

Australia''s biggest power producer AGL rejects a second takeover offer from Mike Cannon-Brookes and his Canadian partners Brookfield Asset Management.

Vodafone New Zealand Ltd sought prospective buyers for its wireless phone towers that provide coverage to about 98% of the country’s population, Bloomberg reports . Infratil Ltd (OTC: IFUUF ) and Brookfield Asset Management Inc (NYSE: BAM ) own Vodafone New Zealand. Vodafone looks … Full story available on Benzinga.com