Canadian investment management company Brookfield Reinsurance will acquire Bermuda-based insurance company Argo Group International in an all-cash deal valued at around $1.1 billion. The transaction takes the New York Stock Exchange (NYSE) Argo Group private and just follows the acquisition of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 by Westfield for approximately $125 […]
SirionLabs, a Seattle-based artificial intelligence (AI)-powered contract lifecycle management (CLM) platform, has raised its Series D funding to $110 million with a $25 million investment from Brookfield Growth. The fresh funding from Brookfield Growth follows the previously announced $85 million Series D round, which was led by Partners Group with participation from present investors Avatar […]
Canadian uranium production company Cameco, Brookfield Renewable Partners and its institutional partners have jointly signed an agreement to acquire nuclear power company Westinghouse Electric in a deal worth $7.87bn. The US-based nuclear energy company will be bought from Brookfield Business Partners and its institutional partners. Currently, Westinghouse Electric services nearly half the nuclear power generation […]
Brookfield Asset Management has announced a $1 billion partnership with Elion Partners for expanding the logistics portfolio of its real estate secondaries business across core infill markets. The global alternative asset manager said that it recapitalized a Chicago master-planned industrial park called Elion Logistics Park 55 (ELP 55), which has the potential to be developed […]