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Market Chatter: Brookfield Closing in on $9-Billion-Plus Deal for Colonial Pipeline
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Market Chatter: Brookfield Closing in on $9-Billion-Plus Deal for Colonial Pipeline
Mar 31, 2025 8:13 AM

10:34 AM EDT, 03/31/2025 (MT Newswires) -- Brookfield Asset Management ( BAM ) is nearing a deal to acquire Colonial Pipeline, the United States' largest fuel transportation system, for more than $9 billion, including debt, Reuters reported Monday, citing unnamed people familiar with the matter.

Brookfield did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 46.81, Change: -1.69, Percent Change: -3.48

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