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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Brookfield Asset Management Ltd | NYSE:BAM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.45 | 3.80% | 39.64 | 38.71 | 38.07 | 38.71 | 6,077,772 | 01:00:00 |
By Ian Walker
Homeserve PLC said Thursday that it has agreed to a 4.08 billion pound ($5.04 billion) takeover by Brookfield Asset Management Inc.
Under the deal, accepting shareholders of the U.K. home-repairs business will get 1,200 pence in cash for each share held, the company said.
The price is a 71% premium to the company's closing price of 703.50 pence on March 23, the day before the Canadian investment management company disclosed its interest.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
May 19, 2022 03:09 ET (07:09 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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