Brookfield Makes $4.3B Bid for Insurer American Equity
Private Equity Insights
JUNE 27, 2023
An arm of Canadian investment giant Brookfield has made a cash and stock bid for American Equity Investment Life Holding Co. The bid includes $38.85 to satisfy the stock portion of the bid. It attracted a bid in 2020 from Massachusetts Mutual Life Insurance Co. valuing the insurance firm at about $4.3 billion rupees.
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