North America

Brookfield to acquire Watermark Lodging Trust for $3.8bn

Brookfield Asset Management has agreed to acquire Watermark Lodging Trust, a Chicago-based real estate investment trust, for $3.8 billion

Novacap and CDPQ-backed Plusgrade to acquire Points

Plusgrade has agreed to acquire Points, a Toronto-based loyalty commerce platform, for $25 per common share in cash.

Brookfield to sell stake in French towers business TDF: Reuters

Brookfield Asset Management is preparing to sell its 45 percent stake in French towers business TDF Group as it seeks to capitalize on growing demand for infrastructure assets in Europe, Reuters reported.

OMERS Infrastructure to acquire TPG Telecom's tower assets

The deal, expected to close in the third quarter, has an enterprise value of A$950m.

Blackstone recruits Janice Lin to lead new Toronto office

The office will be led by Janice Lin, appointed by the firm as head of its real estate business in Canada.

Brookfield Growth to help fund Musk's Twitter deal: Bloomberg

Brookfield Asset Management's growth equity arm has cut its largest check to date to help finance Elon Musk’s takeover of Twitter, Bloomberg reported.

Northleaf acts as lead arranger of Omni Bridgeway's facility

Northleaf Capital Partners said it was the lead arranger of a A$250 million senior secured credit facility for Australia's Omni Bridgeway, a provider of litigation financing.

PE-backed Advance Pharma to acquire Intercept's Europe, Canada and non-U.S. businesses

Advanz Pharma, which is backed by Nordic Capital, has agreed to acquire Intercept Pharmaceutical Inc.'s business in Europe, Canada and all other markets outside of the U.S.