Brookfield has hired Worldpay’s former CEO to oversee its push into the financial infrastructure space. Sir Ron Kalifa, who spent more than a decade leading Worldpay and is now chair of Network International, is joining Brookfield as a vice-chair and head of its financial infrastructure...
Brookfield Asset Management and Network International Holdings could be in the running to buy UAE lender Mashreqbank’s payment unit, Bloomberg wrote. The payment unit handles the processing of transactions for transactions made with credit and debit cards. Mashreq said earlier in the year that it...
JCPenney owners Simon Property and Brookfield Asset Management are reportedly looking to close an acquisition deal for Kohl’s that values the retail rival at an estimated $8.6 billion, The New York Post reported, citing unnamed sources with insider information. Simon and Brookfield, two of the...
The United Kingdom’s competition watchdog announced Tuesday (Jan. 11) that it will investigate the proposed merger between Brookfield Asset Management Inc. and Scotia Gas Networks Ltd. (SNG). Under the terms of the deal, the Scottish and Southern Electricity Networks (SSE) agreed to sell its entire...
May 03, 2024
SVB Financial Group has entered into a definitive agreement to sell its investment platform business, SVB Capital. The buyer is a newly created entity affiliated with Pinegrove Capital Partners and backed by Brookfield Asset Management and Sequoia Heritage, SVB Financial Group said in a Thursday (May 2) press release. The agreement is subject to bankruptcy […]
October 23, 2023
Brookfield has hired Worldpay’s former CEO to oversee its push into the financial infrastructure space. Sir Ron Kalifa, who spent more than a decade leading Worldpay and is now chair...
September 28, 2022
Brookfield Asset Management and Network International Holdings could be in the running to buy UAE lender Mashreqbank’s payment unit, Bloomberg wrote. The payment unit handles the processing of transactions for...
April 26, 2022
JCPenney owners Simon Property and Brookfield Asset Management are reportedly looking to close an acquisition deal for Kohl’s that values the retail rival at an estimated $8.6 billion, The New...
