City Brookfield Financial News

16.03 / 05:01
Citi Remark Reddit Celebrity voice rights peace Bengaluru woman says neighbour tried to stop her from playing Holi, told her, 'Go back to your state'. Netizens chide her for having 'no civic sense'
The woman, posting under the Reddit username «IllustratorFresh4423,» recounted that the event took place in Brookfield, Bengaluru. According to her, a resident in the vicinity became agitated, asserting that their festivities were disrupting his peace and leaving the sidewalk outside his home messy. She argued that since the pavement was public property, they had every right to play Holi there. In her detailed account, she described how the disagreement escalated. She stated that she and her friends were enthusiastically taking part in the celebrations when the neighbor suddenly confronted them, instructing them to refrain from playing on the road. When they refused to comply, he returned and, according to her, aggressively demanded that they vacate the area.
24.02 / 18:05
UPS FIVE Strategy Brookfield seeks to raise US$7 billion for infrastructure fund
Brookfield Asset Management is seeking to raise at least US$7 billion for its fourth infrastructure debt fund, according to people familiar with the matter.
27.11 / 21:23
markets Citi Trade reports medicines Courts Brookfield drops US$6.8-billion offer to buy drugmaker Grifols
Brookfield Asset Management Ltd. walked away from a plan to acquire Grifols SA, ending months of negotiations to take over the Spanish blood-plasma company.
24.11 / 19:43
markets UPS Digital Pool awards trends US-based State Street leases Brookfield Properties' office tower near Mumbai’s BKC to set up GCC
financial services and investment management firm State Street Corporation has picked up an entire commercial office tower near Mumbai's business district Bandra-Kurla Complex (BKC) from Brookfield Properties through a long-term lease of around 10 years, said people with direct knowledge of the development. The company will be paying a total rental of more than Rs 350 crore for the office spread over around 250,000 sq ft through the entire lease tenure. The Boston-based company has leased the office space spread across the ground plus six-storey tower, which is part of a 10-acre commercial complex Equinox Business Park, to set up its global capability center (GCC) serving clients globally.
21.11 / 00:19
markets UPS IPO Juniper hospital reports travelers Hotels join the fray as IPO frenzy continues
Subscribe to enjoy similar stories. While new-age ventures received all the spotlight in the markets, hospitality companies have quietly drawn serious interest from investors after the post-pandemic boom in travel and tourism. Samhi Hotels Ltd, Apeejay Surendra Park Hotels Ltd and Juniper Hotels Ltd have gone public, and some big-ticket block deals have happened.
12.11 / 11:47
Align exclusive Brookfield to sell €470m Tritax EuroBox assets to SEGRO following takeover
In two separate stock exchange notices today (12 November), both firms confirmed they had signed non-binding heads of terms and a binding exclusivity agreement for SEGRO, either directly or through a partner, to acquire a portfolio of six EBOX assets from Brookfield. The assets in Germany and the Netherlands account for around 31% of Tritax EuroBox's portfolio value, aligning with Brookfield's previously stated plan to generate proceeds of 20-30% of the portfolio's gross value, according to the EBOX board. Tritax EuroBox backs competing 28% premium cash offer in blow to SEGRO deal ...
27.09 / 11:21
markets UPS Provident Maxim Waters show Jack Mintz: Hands off our pensions, Trudeau Liberals!
Controversy broke out last week over a proposal from Brookfield Asset Management Ltd., the investment company, to create a $50-billion fund that would include pension and federal government money to invest in Canadian equities. Much of the uproar was focused on a conflict of interest for Brookfield senior executive, Mark Carney, who was recently appointed by Prime Minister Justin Trudeau to provide advice on economic policy.
24.09 / 15:39
CDPQ buys stake in U.S. power company from Brookfield Asset Management
MONTREAL — The Caisse de depot et placement du Quebec has signed a deal with Brookfield Asset Management Inc. and its institutional partners to buy their 25 per cent stake in British power company First Hydro Co.
18.09 / 13:41
Digital economy Pool wellness Interviews International Multi-billion fund involving Brookfield, Ottawa and major pensions being discussed, sources say
The creation of a multi-billion-dollar investment fund seeded with federal government money and designed to attract additional investments from Canada’s large pension plans is among ideas put forward as former Bank of Canada governor Stephen Poloz pursues his mandate to help Ottawa find ways to direct pension billions into the Canadian economy, according to two sources with knowledge of the proposal.
21.08 / 15:35
UPS wellness Trade reports Pharmaceuticals Brookfield seeks US$10.6 billion to back Grifols takeover
Brookfield Asset Management Inc. is asking banks to line up about €9.5 billion (US$10.6 billion) of debt for its potential take-private deal for Spanish pharmaceutical producer Grifols SA, according to people with knowledge of the matter.
20.08 / 19:34
Target MET FIVE Aware Manufacturing Platform Brookfield plans Rs50kcr green push in Andhra Pradesh
Brookfield has proposed to put over 50,000 crore in renewable energy over three to five years in Andhra Pradesh, potentially the largest overseas investment in the sector. The company, through its Evren platform, plans to add 8.66 gigawatts (GW) of wind and solar power projects, people aware of the development told ET. Senior executives from Brookfield, which manages renewable assets worth $102 billion globally, met Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday. “Met with managing director of Brookfield’s renewable power and transition group, Mr Nawal Saini… Brookfield has expressed a keen interest in investing in our state's renewable energy sector, particularly in solar, wind, and rooftop energy,” Naidu posted on X.
16.08 / 01:56
UPS SEC security Bill Trade show reports Bill Ackman's Pershing Square takes new stake in Brookfield Corp. worth US$285 million
Bill Ackman’s Pershing Square Capital Management LP built a stake in Canadian investment management giant Brookfield Corporation during the second quarter of 2024, a U.S. regulatory filing released Wednesday showed.  
30.05 / 14:21
markets COST country exclusive reports Interviews Brookfield in talks to buy France's Neoen at US$6.6 billion valuation
Brookfield Asset Management Inc. is in exclusive talks to acquire a majority stake in Neoen SA with a view to launch a takeover offer that would value the French renewable energy developer at about €6.1 billion (US$6.6 billion).
03.05 / 11:59
SVB show Courts Financial SVB Financial set to offload VC unit to Pinegrove affiliate
SVB Financial Group, the former parent company of Silicon Valley Bank, said it reached a deal to sell its venture capital unit to a newly created affiliate of Pinegrove Capital Partners. 
20.04 / 13:06
markets Election WhatsApp Sony reports PE/VC investments decline marginally in March quarter: Report
private equity and venture capital funds have declined by 1 per cent year-on-year to USD 13.5 billion in the March 2024 quarter, according to a report. However, it was 41 per cent higher compared to the preceding December quarter, the report by consultancy firm EY and industry lobby grouping IVCA said.
21.02 / 00:35
Target Digital Strategy economy trends information Brookfield explores new infrastructure fund months after record close
Brookfield Asset Management Ltd. is beginning early-stage discussions about its next infrastructure product, two months after it closed a record fund that it’s deploying into transportation, telecom and other hard assets.
09.02 / 20:05
markets UPS CEO Trade reports Brookfield Asset Management raises dividend, beats profits
Brookfield Asset Management Ltd. reported earnings that beat estimates and raised its quarterly dividend, as its results were boosted by strong fundraising and capital deployment.
01.12 / 20:42
Target Digital Strategy Pool 2020 Brookfield Brookfield raises US$28 billion for largest-ever infrastructure fund
Canadian private capital group Brookfield has raised a record-sized US$28 billion infrastructure fund as institutional investors plough cash into strategies they expect will benefit from higher interest rates and a shift away from globalization.
23.11 / 23:03
Target Merit Strategy show reports Brookfield Low Origin Energy's top investor rejects Brookfield's 'low-ball' new bid
Origin Energy Ltd.’s top investor rejected a revised A$19.1 billion (US$12.5 billion) takeover plan by a Brookfield Asset Management Ltd.-led group, casting the year-long pursuit into new doubt.
23.11 / 08:55
Provident CEO Platform Experts track information recommendations AustralianSuper blasts Brookfield’s ‘low-ball’ Origin offer
AustralianSuper has blasted attempts by Brookfield to “buy more time” on its $18.7 billion bid for Origin Energy, describing an alternative deal asa “low-ball offer” that would shortchange investors in favour of a private equity consortium.

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