Rouse Properties agrees to sweetened Brookfield offer: Reuters

U.S. real estate investment trust Rouse Properties Inc said Canadian alternative assets investor Brookfield Asset Management agreed to buy the company in a sweetened deal valued at about US$2.8 billion, including debt, Reuters reported. Brookfield's latest cash offer of US$18.25 per share values the mall and retail centre owner at US$1.06 billion.

DealsCanadaNorth AmericaBriefs