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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.