BRIEF-Brookfield Enters Into Exclusive Negotiations With Impala And Other Shareholders To Acquire A Majority Stake In Neoen-March 2024-www.financetom.com

BRIEF-Brookfield Enters Into Exclusive Negotiations With Impala And Other Shareholders To Acquire A Majority Stake In Neoen

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Brookfield Enters Into Exclusive Negotiations With Impala And Other Shareholders To Acquire A Majority Stake In Neoen

May 30, 2024 4:13 AM

May 30 (Reuters) - BROOKFIELD ASSET MANAGEMENT LTD ( BAM )

* BROOKFIELD ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH IMPALA

AND

OTHER SHAREHOLDERS TO ACQUIRE A MAJORITY STAKE IN NEOEN AND

LAUNCH A MANDATORY TENDER OFFER FOR 100% OF THE COMPANY

* BROOKFIELD RENEWABLE CORP ( BEPC ): PROPOSED DEAL FOR 39.85 EUROS

PER

* BROOKFIELD RENEWABLE CORP ( BEPC ): OFFER IMPLIES AN EQUITY VALUE

FOR

100% OF SHARES OF 6.1 BILLION EUROS.

* BROOKFIELD RENEWABLE CORP ( BEPC ): HAS ENTERED INTO EXCLUSIVE

NEGOTIATIONS TO PURCHASE A 53.32% SHAREHOLDING IN NEOEN

* BROOKFIELD RENEWABLE: WOULD FILE ALL-CASH MANDATORY TENDER

OFFER

FOR ALL OF REMAINING SHARES AND OUTSTANDING CONVERTIBLE BONDS IN

NEOEN

Source text for Eikon:

Further company coverage:

Previous page： Pebblebrook Hotel Trust Insider Bought Shares Worth $790,680, According to a Recent SEC Filing Next page： American Tower Insider Sold Shares Worth $1,127,989, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Pebblebrook Hotel Trust Insider Bought Shares Worth $790,680, According to a Recent SEC Filing

Aug 6, 2024

05:05 PM EDT, 08/06/2024 (MT Newswires) -- Jon E Bortz, Director, Chairman and CEO, on August 05, 2024, executed a purchase for 66,000 shares in Pebblebrook Hotel Trust ( PEB ) for $790,680. Following the Form 4 filing with the SEC, Bortz has control over a total of 1,519,284 shares of the company, with 1,319,284 shares held directly and 200,000...

American Tower Insider Sold Shares Worth $1,127,989, According to a Recent SEC Filing

Aug 6, 2024

05:02 PM EDT, 08/06/2024 (MT Newswires) -- Sanjay Goel, Executive Vice President & President, Asia Pacific, on August 02, 2024, sold 4,792 shares in American Tower ( AMT ) for $1,127,989. Following the Form 4 filing with the SEC, Goel has control over a total of 23,621 shares of the company, with 23,621 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1053507/000105350724000109/xslF345X03/wk-form4_1722976957.xml ...

American Tower Insider Sold Shares Worth $4,953,510, According to a Recent SEC Filing

Aug 6, 2024

05:05 PM EDT, 08/06/2024 (MT Newswires) -- Steven O Vondran, Director, President and CEO, on August 02, 2024, sold 21,537 shares in American Tower ( AMT ) for $4,953,510. Following the Form 4 filing with the SEC, Vondran has control over a total of 61,843 shares of the company, with 61,843 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1053507/000105350724000111/xslF345X03/wk-form4_1722977285.xml ...

Suncor Energy tops quarterly profit estimates

Aug 6, 2024

Aug 6 (Reuters) - Canada's Suncor Energy ( SU ) beat analysts' estimates for second-quarter profit on Tuesday, helped by higher oil prices and a rise in oil sands production. The company posted adjusted profit of C$1.27 per share for the quarter ended June 30, compared with analysts' average estimate of C$1.08, according to LSEG data. ...