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News: AOG Australia's Aveo Group signs takeover deal with Canada's Brookfield

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    14/08/19
    08:55
    Post #: 39984311

    Aug 14 (Reuters) - Australia's Aveo Group (AOG) on Wednesday said it had signed a deal with units of Brookfield Asset Management BAMa.TO under which the Canadian firm will buy the Australian retirement home operator for A$1.27 billion.

    The offer values Aveo at A$2.195 per share, which the company had disclosed earlier this month.

    Aveo's board unanimously recommends the offer, the company said in a statement.

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