Brookfield Makes $657 Million Offer to Buy Rouse Properties

Updated on
  • Acquirer already owns about a third of U.S. mall landlord
  • Bid for $17 a share is 26% more than Friday's closing price

Brookfield Asset Management Inc., Canada’s largest alternative asset manager, made an unsolicited offer to acquire U.S. shopping-mall owner Rouse Properties Inc. for about $657 million.

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