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BPY - Brookfield Property Partners LP News Story

$17.92 0.0  0.0%

Last Trade - 2:35pm

Sector
Financials
Size
Large Cap
Market Cap £11.86bn
Enterprise Value £71.02bn
Revenue £4.66bn
Position in Universe 673rd / 6853

BRIEF-Brookfield Asset Management Reaches Agreement With Brookfield Property Partners To Acquire 100% Of Bpy Units

Thu 1st April, 2021 12:29pm
April 1 (Reuters) - Brookfield Property Partners LP  BPY.O :
    * BROOKFIELD ASSET MANAGEMENT REACHES AGREEMENT WITH
BROOKFIELD
PROPERTY PARTNERS TO ACQUIRE 100% OF BPY UNITS
    * BROOKFIELD ASSET MANAGEMENT INC - AGGREGATE CONSIDERATION
PAYABLE TO PUBLIC OF $6.5 BILLION
    * BROOKFIELD ASSET MANAGEMENT- UNITHOLDERS CAN ELECT FOR
EACH BPY
UNIT $18.17 IN CASH, 0.3979 OF BROOKFIELD CLASS A SHARE/0.7268
OF A BPY PREFERRED UNIT

Source text for Eikon:  ID:nGNX74NTLw 
Further company coverage:  BPY.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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