Real Estate
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.