The Latest Breaking News from Brookfield Asset Management

Brookfield Reinsurance has offered to buy the shares of American Equity Investment Life it didn’t already own for $55. American Equity shareholders should rollover the stock portion of the deal, opting to hold Brookfield for the long haul.

On Wednesday, Canadian alternative asset manager Brookfield Asset Management reported strong Q1 2023 results. The company’s got significant growth plans over the next five years. It is leaning into the credit market to help it reach $1 trillion in fee-bearing assets.

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

AGL Energy Limited (OTC:AGLNF) confirmed that it had become aware that the Canadian investment firm Brookfield Asset Management (NYSE:BAM) subsidiary bought 17.2 million shares in the Australian energy major, representing 2.56%. AGL said it became aware of the transaction, which occurred late last week, through routine registry analysis responses and acknowledged that the information…

Brookfield Business Partners, together with institutional partners, agreed to acquire CDK Global Inc (NASDAQ:CDK) for a total enterprise value of $8.3 billion.  Brookfield will initiate a tender offer to acquire all of the outstanding shares of CDK.  CDK shareholders will receive $54.87 per share in cash, implying a 30% premium to the February…