Brookfield Asset Management Inc. is a leading global alternative asset manager with over $385 billion in assets under management. The factors that could cause actual results to differ materially include the following: risks related to the satisfaction or waiver of the conditions to closing the proposed acquisition (including the failure to obtain necessary regulatory approvals and failure to obtain the requisite vote by the Tritons shareholders) in the anticipated timeframe or at all, including the possibility that the proposed acquisition does not close; the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the Merger Agreement, including in circumstances requiring Triton to pay a termination fee; the possibility that competing offers may be made; risks related to the ability to realize the anticipated benefits of the proposed acquisition, including the possibility that the expected benefits from the acquisition will not be realized or will not be realized within the expected time period; disruption from the transaction making it more difficult to maintain business and operational relationships; continued availability of capital and financing and rating agency actions; disruptions in the financial markets; certain restrictions during the pendency of the transaction that may impact Tritons ability to pursue certain business opportunities or strategic transactions; risks related to diverting managements attention from Tritons ongoing business operation; negative effects of this announcement or the consummation of the proposed acquisition on the market price of Tritons common shares or BIPC Shares and/or operating results; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the proposed acquisition, other business effects and uncertainties, including the effects of industry, market, business, economic, political or regulatory conditions; decreases in the demand for leased containers; decreases in market leasing rates for containers; difficulties in re-leasing containers after their initial fixed-term leases; customers' decisions to buy rather than lease containers; increases in the cost of repairing and storing Tritons off-hire containers; Tritons dependence on a limited number of customers and suppliers; customer defaults; decreases in the selling prices of used containers; the impact of COVID-19 or future global pandemics on Tritons business and financial results; risks resulting from the political and economic policies of the United States and other countries, particularly China, including but not limited to, the impact of trade wars, duties, tariffs or geo-political conflict; risks stemming from the international nature of Tritons business, including global and regional economic conditions, including inflation and attempts to control inflation, and geopolitical risks such as the ongoing war in Ukraine; extensive competition in the container leasing industry and developments thereto; decreases in demand for international trade; disruption to Tritons operations from failures of, or attacks on, Tritons information technology systems; disruption to Tritons operations as a result of natural disasters; compliance with laws and regulations related to economic and trade sanctions, security, anti-terrorism, environmental protection and anti-corruption; the availability and cost of capital; restrictions imposed by the terms of Tritons debt agreements; and changes in tax laws in Bermuda, the United States and other countries. Brookfield Re said it is offering American Equity a price of $55 per share, including $38.85 in cash and enough Brookfield Asset Management stock to bring the As a result, limited partnership units of Brookfield Business Partners held by Brookfield Asset Management and its affiliates (representing approximately 33% of the limited partnership units of Brookfield Business Partners) will be excluded for purposes of this minority approval. American Equity indicated that the offer values it at $4.1 billion. We underwrote both transactions without the benefit of the Inflation Reduction Act so the additional incentives now available represent a significant boost to each business. Brookfield and GGP Reach Agreement Both companies said there was no guarantee that an agreement will be reached. The deal is expected to almost triple Brookfield Renewables capacity in the US to around 31GW. www.copyright.com. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Forward-looking statements in this news release include statements regarding the parties future expectations, beliefs, plans, objectives, financial condition, assumptions or future events or performance, including with respect to the development of Scout Clean Energys or Standard Solars pipeline and the ability of the parties to optimize value of that pipeline. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; including as a result of the ongoing novel coronavirus (SARS-CoV-2) pandemic, including any SARS-CoV-2 variants (collectively, COVID-19); the behavior of financial markets, including fluctuations in interest and foreign exchange rates; global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; strategic actions including dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); the ability to appropriately manage human capital; the effect of applying future accounting changes; business competition; operational and reputational risks; technological change; changes in government regulation and legislation within the countries in which we operate; governmental investigations; litigation; changes in tax laws; ability to collect amounts owed; catastrophic events, such as earthquakes; hurricanes and pandemics/epidemics; the possible impact of international conflicts, wars and related developments including Russias military operation in Ukraine, terrorist acts and cyber terrorism; and other risks and factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States. Although we believe that such forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Business Partners and/or Westinghouse to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. RGA sports a Zacks Rank #1.The Zacks Consensus Estimate for RGAs 2023 and 2024 earnings per share indicates a year-over-year increase of 22.9% and 1.4%, respectively. Brookfield Investors have flexibility to invest in our company either through Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation, or Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership. AEL Confirms Receipt of Acquisition Proposal From Brookfield Reinsurance. Supreme Court Throws Out Bidens Student-Loan Relief Plan, New John Hancock Retirement CEO Sees Growing Demand for Retirement Advisors, Ascendant to Test Investor Appetite for Annuity Assets, Carson Group Strikes Its Largest Deal Yet, SageView Picks Up Founders of $5B Retirement Group, Creative Planning Buys $2.5B Professional Services Firm. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENTS, THE PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC OR APPLICABLE CANADIAN SECURITIES REGULATORY AUTHORITIES CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT BIPC, TRITON AND THE PROPOSED TRANSACTION. It then backed life and annuity issuer and distributor efforts to keep the SEC from regulating the new indexed annuity products as securities. Brookfield Infrastructure is focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. In connection with the proposed transaction, BIPC intends to file a registration statement on Form F-4 with the SEC that will include a proxy statement for a special meeting of Tritons shareholders to approve the proposed transaction and that will also constitute a prospectus for the BIPC Shares that will be issued in the proposed transaction. Brookfield Infrastructure Closes Strategic Acquisition of December 11, 2020 07:15 ET The transaction has been unanimously approved and recommended by the Board of Directors of Triton. The Company has built an irreplaceable asset base,delivers high levels of utilization and maintains strong customer relationships. Infrastructure Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. The transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions, including approval by Tritons shareholders and receipt of required regulatory approvals. The proposal set forth in the letter is a non-binding expression of interest only, the company said. American Equity has fended off at least two acquisition offers from other suitors in the past three years. Each of BIPC and Triton may also file other relevant documents with the SEC and, in the case of BIPC, with the applicable Canadian securities regulatory authorities, regarding the proposed acquisition. In 2018, we completed the $15 billion acquisition of the company. The Tender Offer Statement and the Solicitation/Recommendation Statement will be made available for free at the SECs website at www.sec.gov. Brookfield Re said it is offering American Equity a price of $55 per share, including $38.85 in cash and enough Brookfield Asset Management stock to bring the full price up to $55. AEL Confirms Receipt of Acquisition Proposal From Brookfield Reinsurance. BROOKFIELD, News, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners, today announced the acquisition of clean power developer Urban Grid and its high-quality pipeline of projects comprising approximately 13,000 megawatts of utility David Noble, the longtime president of Statesman Life, founded American Equity in 1995 after Statesman was acquired by the company now known as CNO Financial. With annual revenue of $1.7 billion, CDK Global is a leading provider of technology services and software solutions that help automotive dealers and manufacturers run their businesses more efficiently. Since its acquisition, Brookfield appointed a new world-class management team and successfully repositioned the business by strengthening the organizational structure, refocusing its product and service offerings, optimizing the global supply chain and investing in new technology. As the situation unfolds, both American Equity and Brookfield Asset Management stand to benefit from this potential merger, paving the way for a mutually advantageous partnership in the insurance and asset management sectors.Brookfield Asset Management is a leading global alternative asset manager with approximately $550 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit that generate sturdy risk-adjusted returns. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Brookfield However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information. Although Brookfield Renewable believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove to have been correct. Brookfield Re estimated that the offer gives American Equity a value of about $4.3 billion. Brookfield Asset Management Reinsurance Partners to Acquire The transaction was reviewed by the Governance and Nominating Committee of the general partner of Brookfield Business Partners, which is comprised of independent directors (the Independent Committee). BIPC, Triton and their respective directors and certain of their executive officers and other employees may be deemed to be participants in the solicitation of proxies from Tritons shareholders in connection with the proposed transaction. Brookfield makes takeover offer for American Equity Investment There is no guarantee that an agreement will be reached among the parties or on what terms.. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Copies of the documents filed with the SEC by CDK Global will be available under the Investor Relations section of CDK Globals website at www.cdkglobal.com, CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION, Note: This news release contains forward-looking information within the meaning of Canadian provincial securities laws and forward-looking statements within the meaning of applicable Canadian and U.S. securities laws. Westinghouse is an exceptionally well-run business today and has a great future.. Brookfield Brookfield values American Equity at $4.3 billion in takeover bid Westinghouses profitability has nearly doubled under Brookfields ownership, and today the business is ideally positioned to benefit from strong industry tailwinds driven by increased recognition of nuclear power as a reliable source of clean energy to achieve global decarbonization goals. Brookfield Infrastructure will file an early warning report, pursuant to National Instrument 62103, in respect of its acquisition of Inter Pipeline Shares. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. For more information, please visit www.scoutcleanenergy.com. Brookfield already holds about a 20 per cent stake in AEL. Although Brookfield Renewable and TerraForm Power believe that Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with approximately 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. The company remains committed to maximizing shareholder value and will continue to pursue strategic opportunities that align with its long-term growth objectives. Independent Valuation and Fairness Opinion. More information is available at www.brookfield.com. All amounts in U.S. dollars unless otherwise indicated. Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management, a leading global alternative asset manager with over $285 billion in assets WebFree Business profile for BROOKFIELD APARTMENTS at 1240 E Ford St, Valley Center, KS, 67147-9263, US. We are excited to grow our technology footprint with the acquisition of CDK Global, and we look forward to leveraging our operating capabilities to build on the Companys track record of providing best-in-class customer service and innovation.. The business was acquired by Brookfield out of bankruptcy in 2018. American Equity Investment Life Holding Company AEL has received an acquisition proposal from Brookfield Reinsurance Ltd. for $55.00 per share for the shares that Brookfield Reinsurance does not already own. Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Managements Private Equity Group. Note: This news release contains forward-looking information within the meaning of Canadian provincial securities laws and forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations.
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