JCPenney, Aéropostale owner merge to form Catalyst Brands
JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands. The joint venture will house SPARC's brands Aéropostale,
JCPenney is trying to reinvent itself again — will it work this time?
JCPenney has weathered a bankruptcy, store closings and a CEO straight out of Silicon Valley — all followed by continual revenue declines. Now, the storied company is getting another shot
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JCPenney Merger Creates New Retail Super Group
Six retail stores – one of which still has a presence in the Chautauqua Mall – are merging to form a new organization. JCPenney and the SPARC Group are forming Catalyst Brands. Other SPARC Group brands include Aeropostale,
Brookfield Asset Management Ltd. Cl A stock rises Tuesday, outperforms market
Brookfield Asset Management Ltd. Cl A closed C$2.64 short of its 52-week high of C$84.17, which the company reached on December 11th.
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Brookfield Chair Leaves Firm To Run For Canadian Prime Minister
Mark Carney, the chair of Brookfield Asset Management’s board of governors, is leaving the firm to chase a role as the head of Canada’s government.
Brookfield Asset Management CEO Bruce Flatt replaces Mark Carney as chair
Brookfield Asset Management on Thursday said Chief Financial Officer Bruce Flatt has been named chair of the alternative asset manager. Fl
Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management
In discussing Mark Carney’s decision, Mr. Flatt said, “Mark has been a tremendous partner to the firm since he joined nearly five years ago, both in his role as Chair of Brookfield Asset Management for the past two years,
Bruce Flatt appointed as Chair of Brookfield Asset Management
Brookfield Asset Management (BAM) announced the appointment of Bruce Flatt as Chair of the Board of Directors, in addition to his role as Chief
Brookfield Asset Management nears $950 million deal for single-family rentals firm Divvy Homes - Bloomberg
Ltd. is close to finalizing a deal to acquire approximately 3,800 single-family rental properties for around $950 million, Bloomberg News reported. The acquisition is set to be made through Divvy Homes,
Brookfield Nears $950 Million Purchase of Divvy Homes
Brookfield Asset Management Ltd. is nearing a deal to buy 3,800 single-family rentals for about $950 million through an acquisition of startup Divvy Homes, according to a person familiar with the matter.
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BAM Brookfield Asset Management Ltd.
Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the ...