Monday 26 March 2018

Brookfield reaches deal to buy remainder of GGP

One of the biggest real estate mergers in years is nearing the finish line. Brookfield Property Partners reached an agreement to buy General Growth Properties after increasing its bid, the company announced Monday. Brookfield will pay up to $9.25 billion cash — at $23.50 per share — and the remainder in shares, according to the statement. When the fund manager first bid for the retail real estate investment trust in November it offered up to […]



source https://therealdeal.com/2018/03/26/brookfield-reaches-deal-to-buy-remainder-of-ggp/

No comments:

Post a Comment