Oct 31 (Reuters) - Brookfield Corporation ( BN ) and

Brookfield Asset Management ( BAM ) said on Thursday that they

will make changes to the latter's corporate structure.

Brookfield Asset Management ( BAM ) has entered into an agreement

whereby it would own 100% of the asset management business, the

companies said.

Brookfield Corp's ( BN ) current 73% interest in the asset

management business will now be held through its ownership of

approximately 73% of Brookfield Asset Management's ( BAM ) publicly

traded shares, the companies said.

Brookfield Asset Management ( BAM ) has also moved its head office

to New York.

The companies said that this arrangement will not change

operations or strategic plans for the companies and that it has

no effect on the tax treatment of their respective dividends.

A special meeting for Brookfield Asset Management ( BAM )

shareholders is scheduled for Dec. 20 to vote on the proposed

changes. If approved, and pending regulatory and exchange

approvals, the arrangement could be finalized in early 2025, the

companies added.