Brookfield to buy majority stake in Oaktree Capital for $4.8bn
Mar 14, 2019 - Marketline Newswire
Mergers and Acquisitions
Canada's Brookfield Asset Management has agreed to acquire a stake of around 62% in US-based Oaktree Capital Group in a stock-cash transaction worth around $4.8bn.
The balance stake will be owned by Oaktree shareholders, comprising its founders, and some of its management and staff.While Brookfield focuses on real estate, renewable power, infrastructure and private equity, Oaktree prioritises investments in credit, private equity, real assets and listed equities.Oaktree has operations in 1...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
