Brookfield closes $871 mln take private of Brookfield Residential Properties
Brookfield Asset Management has completed its previously announced buy of common shares of Brookfield Residential Properties (TSX, NYSE: BRP) that it did not already own. The deal, which had a value of US$871 million, will result in the de-listing of the firm's shares on the Toronto Stock Exchange and the New York Stock Exchange before the end of March. A land developer and homebuilder with operations in markets across North America, Brookfield Residential has its headquarters in Calgary.
16 March 2015•4 mins read
