According to Bloomberg, Brookfield Property Partners (BPY) approached by Brookfield Asset Management (BAM)

POTENTIAL DEAL DETAILS

Stock Brookfield Property Partners L.P. Symbol BPY
Date Announced 01/04/2021 Source Bloomberg
Type News Report
Date of Confirmation: 04/01/2021 Price at Confirmation: $17.67
Potential Profit: 4.93% Annualized Profit: 20.68%

Brookfield Asset Management Inc. (BAM) and a group of investors have offered to acquire the stake in Brookfield Property Partners (BPY) that they don’t already own, in a $5.9 billion bid to take the real estate company private.

 

 

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