Brookfield to Buy Majority Stake in Oaktree Capital Management
Posted on 03/13/2019
Brookfield Asset Management Inc. wants to get bigger and rival the Blackstone Group. Brookfield Asset Management will acquire approximately 62% of Oaktree Capital Group, LLC. The two companies combined would have around US$ 475 billion of assets under management and US$ 2.5 billion of annual fee-related revenues. This massive deal is worth roughly US$ 4.7 […]
