New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:18 EDTBPO, BPYBrookfield Property says Offerors have taken up 203.6M shares of BPO
Brookfield Property Partners (BPY) and its indirect subsidiaries Brookfield Office Properties Exchange and Brookfield Property Split Corp., collectively with Brookfield Property Partners, the "Offerors", announced that the Offerors have taken up 203,597,640 common shares of Brookfield Office Properties Inc. (BPO) pursuant to their offer to acquire the common shares of BPO for consideration per BPO common share of either 1 limited partnership unit of Brookfield Property Partners or $20.34 in cash, subject in each case to pro-ration based on a maximum number of BPY limited partnership units and maximum cash consideration equating to 67% and 33%, respectively, of the total number of BPO common shares subject to the Offer. Ric Clark, CEO of Brookfield Property Group stated, "Brookfield Property Partners received over 200M shares under its Offer and will take up and pay for those shares. Based on the tender results, BPY will be able to ensure a majority of the minority vote at a shareholders meeting."
News For BPY;BPO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 9, 2014
16:15 EDTBPYBrookfield Johnson Controls JV selected by Canada, Bloomberg says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use