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Access here alternative investment news about Brookfield Fund To Buy Forest City Realty In $11.4bn Deal | News | Ipe Ra
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Brookfield Fund To Buy Forest City Realty In $11.4bn Deal | News | Ipe Ra

by realassets.ipe.com posted 2weeks ago 10 views
Brookfield is paying $25.35 for each Forest City share. The total amount being paid includes unconsolidated debt. : A real estate investment fund managed by Brookfield Asset Management is acquiring Forest City Realty Trust for $11.4bn (€9.73bn). Brookfield and Forest City said they have entered into an agreement under which a Brookfield real estate investment fund will buy each Forest City’s shares for $25.35 each. The amount being paid is a 26.6% premium to Forest City’s closing share price prior to market speculation on June 15 that companies were in talks. The total amount includes unconsolidated debt.