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Brookfield Asset Management Inc (BAMa.TO)

BAMa.TO on Toronto Stock Exchange

56.39CAD
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

State Bank of India and Brookfield Asset Management announce JV for distress investments
Wednesday, 20 Jul 2016 03:01am EDT 

State Bank of India : SBI and Brookfield Asset Management announce joint venture for distress investments . SBI - Proposed JV will independently evaluate and invest in various stressed assets . SBI - Brookfield will commit approximately 70 billion rupees and SBI up to 5% of total investments into stressed assets . SBI - Proposed JV may, at a later stage, seek participation from other lenders in the identified assets .  Full Article

Brookfield Asset Management reports 12.13 pct stake in class A shares of Terraform Power as of June 20 - SEC filing
Wednesday, 29 Jun 2016 01:59pm EDT 

Brookfield Asset Management Inc: Brookfield Asset Management Inc reports 12.13 pct stake in class A shares of Terraform Power Inc as of June 20, 2016 - SEC filing . Brookfield asset management Inc also making efforts to acquire the shares of Terraform Power Inc beneficially owned by Sunedison Inc . Brookfield Asset Management says it has entered into swap agreements giving it economic exposure to the class A shares of Terraform Power Inc .Brookfield Asset Management says it has economic exposure, including exposure under swap agreements, of about 24.82 pct of Terraform Power Inc's class A shares.  Full Article

Brookfield asset and China Three Gorges Corp mull bids for Duke Energy's Latin American power plants - Bloomberg
Tuesday, 21 Jun 2016 09:08am EDT 

: Chinese government-owned State Power Investment Corp is also considering bid,sale could fetch more than $2 billion- Bloomberg, citing sources .Brookfield asset and China Three Gorges Corp said to mull bids for Duke Energy Corp's Latin American power plants- Bloomberg, citing sources.  Full Article

Brookfield renewable announces C$800 mln equity offering
Monday, 6 Jun 2016 05:25pm EDT 

: Brookfield renewable partners LP says has agreed to issue 10.7 million L.P. Units at a price of c$37.55 per l.p. Unit .Brookfield renewable announces cdn$800 million equity offering.  Full Article

Brookfield Asset Management prices $500 mln notes offering
Wednesday, 25 May 2016 05:16pm EDT 

Brookfield Asset Management Inc : Due to investor demand, size of offering was increased from $350 million to $500 million . Notes will have a coupon of 4.25%, will be issued at a price equal to 99.036% of their face value for an effective yield of 4.37% .Brookfield asset management announces pricing of $500 million notes offering.  Full Article

Brookfield Asset commencing a public offering of $350 mln of notes due 2026
Wednesday, 25 May 2016 09:06am EDT 

Brookfield Asset Management Inc : Commencing a public offering, subject to market and other conditions, of US$350 million of notes due 2026 . Notes will be issued by unit of Brookfield, Brookfield Finance, will be fully and unconditionally guaranteed by Brookfield .Brookfield Asset Management announces proposed offering of notes.  Full Article

Brian Harper to serve as CEO of Rouse Properties under Brookfield's ownership
Friday, 20 May 2016 09:00am EDT 

Rouse Properties Inc : Rouse Properties announces leadership transition . Brian Harper to serve as CEO of Rouse Properties under Brookfield's ownership . Andrew Silberfein will step down from role of president and CEO and from board of directors to pursue other opportunities .Silberfein will remain CEO until Rouse's transaction with Brookfield closes, which is expected to occur in Q3 of 2016.  Full Article

Brookfield asset announces renewal of normal course issuer bid
Thursday, 19 May 2016 07:22am EDT 

Brookfield Asset Management : Tsx approval to purchase up to 83.8 million class a limited voting shares, representing 10% of public float of class a shares .Brookfield asset management announces renewal of normal course issuer bid.  Full Article

Brookfield Asset announces date for spin off of Brookfield Business Partners
Monday, 16 May 2016 06:55am EDT 

Brookfield Asset Management : On june 20, 2016, shareholders of record as of june 2, 2016 will receive one bbp unit for every 50 shares of brookfield . Anticipated that bbp's distribution policy will be to make quarterly cash distributions equal to $0.0625 per unit . Bbp anticipates that its first quarterly distribution will be paid on september 30, 2016 . "distribution amount is not expected to grow as bbp intends to reinvest its capital" .Announces date for spin off of brookfield business partners.  Full Article

Brookfield Asset Management Q1 net income per share $0.23
Friday, 13 May 2016 06:55am EDT 

Brookfield Asset Management Inc : Brookfield Asset Management reports first quarter 2016 results . Qtrly net income per Brookfield share $0.23 . Total assets under management of $240 billion at quarter-end . Qtrly funds from operations per Brookfield share $0.69 .Q1 FFO per share view $0.43 -- Thomson Reuters I/B/E/S.  Full Article

UPDATE 1-Brazil's Renova Energia board approves Brookfield deal

BRASILIA/SAO PAULO, Nov 27 Renova Energia SA's board has approved Brookfield Asset Management Inc's proposal to acquire a controlling stake in the Brazilian renewable energy company for 1.4 billion reais ($433 million), a securities filing showed on Monday.