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Brookfield Board of Directors Unanimously Approves the Distribution of 25{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} Interest in its Asset Management Business
Brookfield Asset Management Inc Shareholders to Vote at a Unique Assembly to be held on November 9, 2022 BROOKFIELD, Information, Sept. 23, 2022 (Globe NEWSWIRE) — Brookfield (NYSE: BAM, TSX: BAM.A) (“Brookfield”) now announced that its Board of Administrators has unanimously accepted the transaction for the general public listing and distribution of a 25{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} curiosity in its asset administration enterprise, by means of Brookfield Asset Administration Ltd. (the “Manager”). Pursuant to this acceptance, Brookfield has entered into an arrangement settlement (the “Arrangement Agreement”) in relationship with the implementation of the transaction. The transaction will consequence in the division of Brookfield into two publicly traded companies – the Corporation (Brookfield Asset…