Brookfield Property to make tender offer in $5B deal

10/1/2013 | · Bloomberg

Brookfield Property Partners has offered to acquire the remainder of the shares of Brookfield Office Properties that it doesn't already own. If this tender offer for the New York-based company's shares is accepted, it will create one of the largest commercial real estate landlords. Brookfield Property plans to offer $19.34 per unit, in stock or cash, for the shares. The deal is valued at $5 billion.

View Full Article in: · Bloomberg

Published in Brief: