Skip to content
Subscriber Only
Markets
Deals

Brookfield Said to Weigh IPO of Methane Producer Ember Next Year

Brookfield Asset Management Inc., Canada’s largest alternative asset manager, is weighing an initial public offering of natural-gas producer Ember Resources Inc. next year, people with knowledge of the matter said.

Brookfield will likely seek a valuation of more than C$1 billion ($762 million) for the Calgary-based company in an initial stock sale, said the people, who asked not to be named because the information is private.