AOG aveo group
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News: AOG Australia's Aveo in discussions with Brookfield on $859 mln offer

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    06/08/19
    10:25
    Post #: 39878101

    Aug 6 (Reuters) - Australia's Aveo Group (AOG) on Tuesday revealed that Canada's Brookfield Asset Management Inc BAMa.TO has offered A$1.27 billion ($859.4 million) in cash to acquire the retirement-home operator.

    Brookfield's proposal values Aveo at A$2.195 per share, the company said in a statement.

    ($1 = 1.4778 Australian dollars)

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