Brookfield Office Properties Inc T.BPS.PR.U

Moving to the big apple.

[wynner]

Brookfield wants to list on US exchanges. Including the private equity.

The company would also undertake a share exchange that would make all of the asset manager’s shares publicly traded. Parent entity Brookfield Corp. currently owns nearly three-quarters of the asset manager’s stock through an unlisted holding company, while the other quarter is publicly traded. Brookfield would swap that stake for public shares in Brookfield Asset Management, keeping its underlying ownership unchanged.

That would mean that the market capitalization of Brookfield Asset Management would reflect the full value of the business – about US$70-billion – instead of roughly one-quarter of that amount currently.
https://www.theglobeandmail.com/business/article-brookfield-asset-management-considers-moving-head-office-to-us-to/