{"id":103886,"date":"2021-01-04T17:52:17","date_gmt":"2021-01-04T17:52:17","guid":{"rendered":"https:\/\/fin2me.com\/?p=103886"},"modified":"2021-01-04T17:52:17","modified_gmt":"2021-01-04T17:52:17","slug":"brookfield-offers-to-take-real-estate-arm-private-in-5-9b-deal","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/brookfield-offers-to-take-real-estate-arm-private-in-5-9b-deal\/","title":{"rendered":"Brookfield offers to take real estate arm private in $5.9B deal"},"content":{"rendered":"
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.\n<\/p>\n
Canada’s Brookfield Asset Management Inc said on Monday it had offered to take its commercial real estate arm Brookfield Property Partners LP private in a $5.9 billion deal.<\/p>\n
Continue Reading Below<\/p>\n
Brookfield Asset Management said it would offer $16.50 for each Brookfield Property shares it does not already own, a premium of 14% to Thursday’s close.<\/p>\n
CLICK HERE TO READ MORE ON FOX BUSINESS<\/strong><\/p>\n Shares of Brookfield Property Partners, which operates everything from offices, retail malls and logistics properties around the world, rose 15% in premarket trading.<\/p>\n