06:11 AM EST, 12/04/2024 (MT Newswires) -- Brookfield Asset Management ( BAM ) said late Tuesday it has opened a new office hub in Paris as part of its market expansion in France.

The company's French operations employ more than 7,000 people and extend across the areas of artificial intelligence and other digital infrastructure, renewable energy, real estate, and logistics, it said.

Brookfield said it expects its pending acquisition of a 53% stake in Paris-based Neoen to close this 2024.