Sunday 28 July 2019

Brookfield Said to Weigh Stake Purchase in Meraas Retail Venture - Bloomberg

Brookfield Said to Weigh Stake Purchase in Meraas Retail Venture - Bloomberg:

Brookfield Asset Management Inc. is exploring a purchase of a stake in a new company that will hold some of Dubai property developer Meraas Holding’s retail assets, people familiar with the matter said.

The Canadian investment firm is considering putting as much as $1 billion in the venture, the people said, asking not to be identified as the information is private. No final agreements have been reached and the discussions may not result in a deal, they said.

No comments:

Post a Comment