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Brookfield Asset Management Inc latest news:
PRESS DIGEST-Canada - Oct 27
The following are the top stories from selected Canadian newspapers. THE GLOBE AND MAIL. ** A unit of Brookfield Asset Management Inc (BAM) has bought the Sheraton hotel in downtown Toronto from Marriott International Inc (MAR) in a blockbuster C$335 million deal that is the largest transaction for a single hotel in Canada. https://tgam.ca/2yXv9xn.
Brazil's Renova says exclusive period ends for Brookfield talks
Brazilian renewable energy company Renova Energia SA said the period for exclusive talks with Canada's Brookfield Asset Management Inc (BAM) expired on Tuesday with no deal. Renova said in a securities filing on Tuesday that both companies were still in talks. Reuters reported on Oct. 5 that Brookfield had refrained from improving an original bid to acquire the Brazilian company.
Brookfield refrains from higher bid for Brazil's Renova -source
Brookfield Asset Management Inc(BAM) has refrained from improving an original bid for Brazilian renewable power company Renova Energia SA, after due diligence proceedings showed liabilities that were unaccounted for, a person with direct knowledge of the situation said on Thursday.
BRIEF-Brookfield announces exercise of Underwriters' option
* Brookfield Asset Management Inc - underwriters have
exercised their option to increase size of offering to 12
million class A preferred shares, series 48
BRIEF-Brookfield to issue C$250 million of preferred shares
Brookfield Asset Management Inc(BAM) : * Brookfield to issue C$250 million of preferred shares. * Says agreed to issue 10 million Class A preferred shares Series 48 at a price of C$25.00 per share Source text for Eikon: Further company coverage:
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