Brookfield Asset Management Stock News

"Charlie [Munger] and I are not stock-pickers; we are business-pickers," wrote Warren Buffett.

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

All amounts in Canadian dollars unless otherwise stated.

Monthly update of the Dividend Champions List. 139 companies declared higher dividends in the past month, with an average increase of 10.54% over their previous payouts.

Here's one big reason why.

An investor group offered a huge premium to acquire an office REIT.

Russia's attempt to invade Ukraine is causing great uncertainty. We believe that REITs are a safe haven. Find out our two Top Picks to buy amid war in Europe.

Brookfield Business Partners L. with ticker code (BBU) now have 2 analysts covering the stock with the consensus suggesting a rating of ''None''. The range between the high target price and low target price is between 72.68 and 65.03 with the average target price sitting at 68.86. Now with the previous closing price of 39.67 this now indicates there is a potential upside of 73.6%. The day 50 moving average is 44.98 while the 200 day moving average is 45.39. The market cap for the company is $3,243m. You can visit the company''s website by visiting: https://bbu.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets=BBU" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,629m based on the market concensus. Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies.

Brookfield Asset Management Inc found using ticker (BAM) now have 12 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 71 and 53 calculating the average target price we see 63.38. With the stocks previous close at 53.16 this now indicates there is a potential upside of 19.2%. The 50 day moving average now sits at 56.64 and the 200 moving average now moves to 55.19. The market capitalisation for the company is $85,969m. Company Website: https://www.brookfield.com [stock_market_widget type="chart" template="basic" color="green" assets=BAM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $102,496m based on the market concensus. Brookfield Asset Management is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.

Brookfield Asset Management Inc. signed an agreement to buy 60% of the payments business of First Abu Dhabi Bank PJSC at a $1.15 billion valuation.

A Brookfield Asset Management Inc. joint venture in Dubai scored the city’s largest office deal since 2019 after a Middle Eastern food-delivery firm decided to relocate its regional headquarters.