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Brookfield Asset Management Inc (BAMa.TO)

BAMa.TO on Toronto Stock Exchange

64.20CAD
22 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Brookfield To Acquire 62 Pct Of Oaktree Capital Management
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD TO ACQUIRE 62% OF OAKTREE CAPITAL MANAGEMENT.BROOKFIELD - OAKTREE CLASS A UNITHOLDERS CAN ELECT TO RECEIVE FOR EACH OAKTREE CLASS A UNIT EITHER $49.00 IN CASH OR 1.0770 BROOKFIELD CLASS A SHARES.BROOKFIELD - HOWARD MARKS, BRUCE KARSH, AND OTHER MEMBERS OF OAKTREE CAPITAL GROUP HOLDINGS, L.P. WILL OWN 38% AND RETAIN OPERATING CONTROL OF OAKTREE.BROOKFIELD ASSET MANAGEMENT INC - CASH PORTION OF AGGREGATE CONSIDERATION WILL BE FUNDED BY BROOKFIELD FROM AVAILABLE LIQUIDITY.BROOKFIELD ASSET MANAGEMENT - DEAL PROVIDES FOR PAYMENT BY OAKTREE OF A $225 MILLION TERMINATION FEE IF DEAL IS TERMINATED UNDER CERTAIN CIRCUMSTANCES.BROOKFIELD ASSET MANAGEMENT INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO BROOKFIELD ON A PER SHARE BASIS BEFORE ANY BENEFITS FROM COMBINATION.BROOKFIELD ASSET MANAGEMENT - OAKTREE BOARD ACTING ON RECOMMENDATION OF SPECIAL COMMITTEE UNANIMOUSLY RECOMMENDED THAT CO'S UNITHOLDERS APPROVE DEAL.BROOKFIELD ASSET MANAGEMENT - OAKTREE MAY PAY DISTRIBUTION IN RESPECT OF QUARTER ENDING MARCH 31, 2019 IN AN AMOUNT UP TO $1.05 PER OAKTREE CLASS A UNIT.BROOKFIELD - FOUNDERS, SENIOR MANAGEMENT, CURRENT EMPLOYEE-UNITHOLDERS OF OAKTREE CAPITAL GROUP HOLDINGS LP WILL SELL TO CO 20% OF THEIR UNITS.BROOKFIELD ASSET MANAGEMENT - COMMENCING 2022, FORMER EMPLOYEE-UNITHOLDERS WILL BE ABLE TO SELL THEIR REMAINING OAKTREE UNITS TO BROOKFIELD OVER TIME.  Full Article

Railroad Owner Genesee & Wyoming Is Exploring A Stake Sale - Bloomberg
Monday, 11 Mar 2019 

March 11 (Reuters) - :RAILROAD OWNER GENESEE & WYOMING IS EXPLORING A STAKE SALE - BLOOMBERG.GENESEE & WYOMING WORKING WITH FINANCIAL ADVISER; BEGUN EARLY-STAGE TALKS WITH POTENTIAL SUITORS INCLUDING BROOKFIELD ASSET MANAGEMENT - BLOOMBERG, CITING SOURCES.  Full Article

Albert Ratner Files Federal Suit To Enjoin Forest City's Stockholder Vote On Proposed Merger With Brookfield
Tuesday, 13 Nov 2018 

Nov 12 (Reuters) - :ALBERT RATNER FILES FEDERAL SUIT TO ENJOIN FOREST CITY'S STOCKHOLDER VOTE ON PROPOSED MERGER WITH BROOKFIELD.  Full Article

Saeta Yield: Terp's Offer Accepted By 50.3 Pct Of Share Capital
Wednesday, 9 May 2018 

May 9 (Reuters) - Terp Spanish Holdco::SAYS OFFER FOR SAETA YIELD SA <<>> ACCEPTED BY SHAREHOLDERS REPRESENTING 50.3 PERCENT OF SHARE CAPITAL.  Full Article

Terraform Power Files For Offering Of Up To $400 Million In Class A Common Stock - SEC Filing
Monday, 19 Mar 2018 

March 19 (Reuters) - Terraform Power Inc ::TERRAFORM POWER FILES FOR OFFERING OF UP TO $400 MILLION IN CLASS A COMMON STOCK - SEC FILING.TERRAFORM POWER - AFFILIATE OF BROOKFIELD CURRENTLY OWNS ABOUT 51% INTEREST IN CO.TERRAFORM POWER - A BROOKFIELD ENTITY WILL BUY A NUMBER OF SHARES OF CLASS A COMMON STOCK EQUAL TO AT LEAST 51% OF TOTAL SHARES SOLD IN OFFERING‍​‍​.TERRAFORM POWER - FOLLOWING OFFERING & ANY CONCURRENT PRIVATE PLACEMENT, BROOKFIELD, AFFILIATES EXPECTED TO OWN AT LEAST 51% OF CLASS A SHARES IN CO‍​‍​.  Full Article

Brazil's Renova Energia accepts Brookfield proposal to buy assets
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Renova Energia Sa ::BRAZIL'S RENOVA ENERGIA SAYS ACCEPTS BINDING PROPOSAL FROM BROOKFIELD TO BUY ALTO SERTAO III PROJECT, OTHER WIND PROJECTS.BRAZIL'S RENOVA ENERGIA SAYS PRICE FOR ALTO SERTAO III OF 650 MILLION REAIS WITH POSSIBLE 150 MILLION REAIS EARNOUT.BRAZIL'S RENOVA ENERGIA SAYS PRICE FOR 1.1 GIGAWATTS OF WIND PROJECTS IN DEVELOPMENT OF 187,000 REAIS PER MEGAWATT.  Full Article

Macy's Q4 Earnings Per Share $4.31
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Macy's Inc ::MACY’S, INC. REPORTS FOURTH QUARTER AND FY 2017 EARNINGS AND PROVIDES 2018 GUIDANCE.Q4 EARNINGS PER SHARE $4.31.Q4 SALES ROSE 1.8 PERCENT TO $8.666 BILLION.Q4 SAME STORE SALES ROSE 1.3 PERCENT.COMPANY PLANS TO RETURN TO COMPARABLE SALES GROWTH IN 2018.Q4 EARNINGS PER SHARE VIEW $2.71, REVENUE VIEW $8.68 BILLION -- THOMSON REUTERS I/B/E/S.COMPARABLE SALES ON AN OWNED BASIS WERE UP 1.3 PERCENT IN Q4.MACY'S - FOR FISCAL 2018, EXPECTS COMPARABLE SALES ON BOTH AN OWNED AND AN OWNED PLUS LICENSED BASIS TO BE FLAT TO UP 1 PERCENT.TOTAL SALES ARE EXPECTED TO BE DOWN BETWEEN 0.5 PERCENT AND 2 PERCENT IN FISCAL 2018‍​.QTRLY COMPARABLE SALES UP 1.4 PERCENT ON AN OWNED PLUS LICENSED BASIS.MACY'S - "STRATEGICALLY INVESTING" TO ACCELERATE ROLLOUT OF NEAR-TERM GROWTH INITIATIVES IMPACTING STORES, TECHNOLOGY & MERCHANDISING.ADJUSTED EPS OF $3.55 TO $3.75 EXPECTED IN FISCAL 2018, EXCLUDING ANTICIPATED SETTLEMENT CHARGES RELATED TO CO'S DEFINED BENEFIT PLANS‍​.MACY'S - HEADING INTO FISCAL 2018, CO CONTINUES TO OPPORTUNISTICALLY EVALUATE REAL ESTATE PORTFOLIO.MACY'S - NOW EXPLORING OPPORTUNITIES TO SELL ABOUT 240,000 GROSS SQ. FT. I. MAGNIN PORTION OF MAIN UNION SQUARE BUILDING IN SAN FRANCISCO.ADJUSTED EPS GUIDANCE INCLUDE ANTICIPATED ASSET SALE GAINS OF $300 MILLION TO $325 MILLION IN FISCAL 2018.MACY'S - CONTINUES TO WORK WITH BROOKFIELD AS PART OF ITS STRATEGIC ALLIANCE.ANTICIPATES AN EFFECTIVE ANNUAL TAX RATE OF 23.25 PERCENT FOR FISCAL 2018‍​.  Full Article

Brookfield Asset Management Qtrly Funds From Operations Per Brookfield Share $1.28‍​
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD ASSET MANAGEMENT REPORTS 2017 RESULTS.BROOKFIELD ASSET MANAGEMENT INC - QTRLY FUNDS FROM OPERATIONS PER BROOKFIELD SHARE $1.28‍​.  Full Article

TerraForm Global Announces Proposed Aggregate $400 Million Offering Of Senior Notes
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Brookfield Asset Management Inc ::TERRAFORM GLOBAL ANNOUNCES PROPOSED AGGREGATE $400 MILLION OFFERING OF SENIOR NOTES.TERRAFORM GLOBAL INC SAYS ITS UNIT INTENDS TO OFFER, IN A PRIVATE TRANSACTION, UP TO $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES TO MATURE IN 2026.TERRAFORM GLOBAL SAYS ITS UNIT INTENDS TO USE OFFERING'S PROCEEDS, TOGETHER WITH CASH ON HAND, TO REDEEM IN FULL ITS OUTSTANDING SENIOR NOTES DUE 2022.  Full Article

TerraForm Global Issues Conditional Call Redemption Notice For Its $521 Million Senior Notes Due 2022
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Brookfield Asset Management Inc ::TERRAFORM GLOBAL ISSUES CONDITIONAL CALL REDEMPTION NOTICE FOR ITS $521 MILLION SENIOR NOTES DUE 2022.TERRAFORM GLOBAL - UNIT DELIVERED A NOTICE OF REDEMPTION OF ALL OF OUTSTANDING $521 MILLION 9.75% SENIOR NOTES DUE 2022.  Full Article

CANADA STOCKS-Futures rise tracking global markets

April 16 Futures for Canada's main stock index inched higher on Tuesday, after stock markets around the world gained on reduced volatility.