Asia's Axight to buy minority stake in Australia’s La Trobe Financial from Brookfield at $2.2 bln valuation

BROOKFIELD ASSET MANAGEMENT

16/04/2026 22:47

Corrects to remove unrelated Reuters instrument code of Viva Energy Group

April 17 (Reuters) - Brookfield Asset Management BAM.TO said on Friday that Axight, an Asia‑focused private equity investment manager, has agreed to acquire a significant minority stake in its Australian alternative asset manager La Trobe Financial in a deal valuing the business at about A$3 billion ($2.15 billion).

($1 = 1.3974 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru; Editing by Vijay Kishore)

 ((Roushni.Nair@thomsonreuters.com;))