TSX:BAM - Post Discussion
Post by
retiredcf on Nov 23, 2022 10:14am
RBC
November 22, 2022
Brookfield Asset Management Inc.
BAM releases key dates for Asset Manager Spinoff
NYSE: BAM | USD 44.70 | Outperform | Price Target USD 63.00
BAM just released the key dates of their upcoming Asset Manager spinoff as Board, shareholder, court and material regulatory approvals have been received:
• Distribution record date: Friday, December 2, 2022;
• Effective date: At close of business on Friday, December 9, 2022 (subject to the satisfaction or waiver of the remaining conditions to the arrangement);
• First day of trading of the new securities: Monday, December 12; and
• "Due bill" and "If, as and when-issued" trading commencement date: Thursday, December 1, 2022, and ending on the close of business on Friday, December 9, 2022.
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