The Latest Breaking News from Brookfield Asset Management Inc

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

Bidders seeking to acquire Kohl's Corp (NYSE:KSS) are likely to make offers lower than their initial ones to reflect the market downturn, Reuters reported. The potential purchasers, including private equity firm Sycamore Partners, brand holding firm Franchise Group, J.C. Penney investors Simon Property Group, Inc. (NYSE:SPG), and Brookfield Asset Management Inc (NYSE:BAM), intend to lower their offers…

An Elliott Management Corp and Brookfield Asset Management Inc (NYSE:BAM) led consortium agreed to acquire Nielsen Holdings PLC (NYSE:NLSN) for $28 a share. The all-cash transaction valued Nielsen at $16 billion, including debt. The offer price implied a 60% premium over Nielsen's unaffected stock price as of March 11, before market speculation regarding a potential…

Vodafone New Zealand Ltd sought prospective buyers for its wireless phone towers that provide coverage to about 98% of the country’s population, Bloomberg reports. Infratil Ltd (OTC:IFUUF) and Brookfield Asset Management Inc (NYSE:BAM) own Vodafone New Zealand. Vodafone looks to dispose of ~1,487 mobile cell sites likely to generate Ebitda of over NZ$50 million ($34…