Aveo Group revealed that Brookfield Asset Management Inc. (TSX:BAM.A) is in final talks to take it over via a scheme of arrangement at about $2.15 per share, with the news prompting a share price fall. The $2.15 price would value the offer at around $1.27 billion. Aveo's independent board committee said it was engaging with Brookfield in order to resolve several matters to give effect to its non-binding and conditional indicative proposal and enter into a deal leading to a scheme.
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5-day change | 1st Jan Change | ||
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06-20 | Brookfield Reportedly to Sell Retirement Village Operator Aveo | CI |
2023 | Chateraise Lakelands Golf Club Pty Ltd acquired Peregian Golf Course on the Sunshine Coast from Aveo Group Limited. | CI |
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