Brookfield Plans to Go Private in $5.9 Billion Deal
Retail TouchPoints
JANUARY 4, 2021
Brookfield Asset Management has proposed to take its mall operator arm private in a deal valued at $5.9 billion. The company plans to offer $16.50 per share to buy out stakes that it doesn’t already own in Brookfield Property Partners LP and Brookfield Property REIT. The board of directors of Brookfield Property Partners has formed a committee of independent directors to review the proposal.
Let's personalize your content