Key Developments: Brookfield Asset Management Inc (BAM)

BAM on New York Consolidated

43.70USD
11 Jul 2014
Price Change (% chg)

$-0.42 (-0.95%)
Prev Close
$44.12
Open
$44.09
Day's High
$44.14
Day's Low
$43.63
Volume
247,712
Avg. Vol
607,490
52-wk High
$44.70
52-wk Low
$33.67

Search Stocks

Latest Key Developments (Source: Significant Developments)

Brookfield Asset Management completes C$300 mln preferred share issue
Thursday, 5 Jun 2014 07:49am EDT 

Brookfield Asset Management Inc:Completes previously announced Class A Preference Shares, Series 40 issue in the amount of C$300 mln.Offering was underwritten by a syndicate led by RBC Capital Markets, CIBC, Scotiabank and TD Securities Inc.Issued 12,000,000 Series 40 Shares at a price of C$25.00 per share, for total gross proceeds of C$300 mln.  Full Article

Brookfield Asset Management Inc increases size of preferred share offering to C$300 mln
Tuesday, 27 May 2014 12:45pm EDT 

Brookfield Asset Management Inc:Announced offering it has agreed to increase the size of the offering to 12,000,000 Class A Preferred Shares, Series 40.Preferred Shares, Series 40 will be issued at a price of C$25.00 per share, for gross proceeds of C$300,000,000.Preferred Shares, Series 40 are being offering on a bought deal basis by a syndicate of underwriters led by RBC Capital Markets, CIBC, Scotiabank and TD Securities Inc.  Full Article

Brookfield Asset Management declares quarterly dividend
Wednesday, 7 May 2014 07:56am EDT 

Brookfield Asset Management Inc:Declares quarterly dividend of $0.16 per share (representing $0.64 per annum, a 7 pct increase), payable on June 30, 2014 to shareholders of record as at the close of business on May 31, 2014.  Full Article

Brookfield Asset Management Inc completes $200 mln preferred share issue
Thursday, 13 Mar 2014 08:34am EDT 

Brookfield Asset Management Inc:Completion of Class A Preference Shares, Series 38 issue in the amount of C$200,000,000.Offering was underwritten by syndicate led by TD Securities Inc., CIBC, RBC Capital Markets and Scotiabank.Brookfield issued 8,000,000 Series 38 Preferred Shares at a price of C$25.00 per share.  Full Article

Mitsui O.S.K. Lines Ltd announces strategic alliance with Brookfield Asset Management Inc
Thursday, 16 Jan 2014 02:00am EST 

Brookfield Asset Management Inc:Mitsui O.S.K. Lines Ltd says it has agreed to form a strategic alliance with Brookfield Asset Management Inc.Mitsui O.S.K. Lines to sell 49 pct stake in a wholly owned subsidiary International Transportation Inc. to BIF II TP Aggregator (Delaware), L.P., which is a fund operated by Brookfield Asset Management, in early February.  Full Article

Brookfield Asset Management Inc Declares Dividend
Friday, 8 Nov 2013 07:50am EST 

Brookfield Asset Management Inc announced that the Board has declared a quarterly dividend of USD0.20 per share, payable on February 28, 2014, to shareholders of record as at the close of business on February 1, 2014.  Full Article

Royal Oak Ventures Inc To Be Acquired By Brookfield Asset Management Inc's Subsidiary
Wednesday, 30 Oct 2013 06:15pm EDT 

Royal Oak Ventures Inc (Royal Oak) and Brookfield Holdings Canada Inc. (Holdings), a subsidiary of Brookfield Asset Management Inc announced that Royal Oak has entered into an agreement with Holdings to effect a going private transaction whereby Holdings will acquire all of the issued and outstanding common shares ("Common Shares") and all of the issued and outstanding non-voting shares ("Non-Voting Shares", together with the Common Shares, the "Shares") of Royal Oak not already owned by Holdings or its affiliates at a price of $0.15 per Share in cash (the "Offer"), representing a total cash consideration of approximately $8 million. Holdings and its affiliates currently own 1,530,288 Common Shares and 107,341,027 Non-Voting Shares of Royal Oak, representing 48% of the Common Shares and 67% of the Non-Voting Shares, for combined economic interest of 67% in Royal Oak. The proposed transaction will be effected through an amalgamation of Royal Oak and a newly incorporated company wholly-owned by Holdings.  Full Article

Western Forest Products Inc Announces Closing of the Secondary Offering by Brookfield Asset Management Inc's Brookfield Special Situations
Wednesday, 9 Oct 2013 09:22am EDT 

Western Forest Products Inc and Brookfield Special Situations Management Limited, a wholly-owned subsidiary of Brookfield Asset Management announced that they have closed the previously announced bought deal secondary offering, through which Brookfield sold 46,000,000 units at an offering price of $1.45 per Offered Unit for aggregate gross proceeds to Brookfield of CAD66,700,000. Each Offered Unit consisted of one non-voting share of the Company owned by Brookfield and one voting common share purchase warrant of the Company, with each Warrant entitling the holder thereof to purchase one voting common share of the Company owned by Brookfield at a price of $1.60 until July 31, 2014. The Offering was conducted by Scotiabank, CIBC World Markets Inc., Goldman Sachs Canada Inc., RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., HSBC Securities (Canada) Inc., National Bank Financial Inc. and Raymond James Ltd. Closing of the Offering included the full exercise of the over-allotment option granted to the Underwriters.  Full Article

Vale SA In Talks With Consortium Led By Brookfield Asset Management Inc's Subsidiary To Sell 26% Stake In VLI SA
Wednesday, 18 Sep 2013 11:16am EDT 

Vale SA announced that it is in exclusive talks with a consortium led by Brookfield Brasil Ltda, a subsidiary of Brookfield Asset Management Inc, for the sale of approximately 26% stake in the share capital of its subsidiary, VLI SA.  Full Article

Brookfield Asset Management Inc Declares Quarterly Dividend
Friday, 9 Aug 2013 06:01am EDT 

Brookfield Asset Management Inc announced that the Board of Directors declared a quarterly dividend of USD0.15 per share (representing USD0.60 per annum), payable on November 30, 2013, to shareholders of record as at the close of business on November 1, 2013.  Full Article

Fitch Affirms Brookfield Asset Management's IDR at 'BBB'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, February 25 (Fitch) Fitch Ratings has affirmed the Issuer Default Rating (IDR) and senior unsecured debt rating of Brookfield Asset Management Inc. (BAM) at 'BBB'. The Rating Outlook is Stable. Approximately CAD$4.5 billion of long-term debt is affected by this rating action. Key Positive Rating Drivers --Diversified and stable revenue sources from a global investment portfolio; --Underlying commercial real estate, power

Search Stocks