Tag:

Brookfield

Volkswagen receives preliminary bids of $9.4 billion for Everllence

Volkswagen has received preliminary bids valuing its diesel engine division, Everllence, at around 8 billion euros ($9.44 billion) including debt, according to sources familiar with the discussions. The valuation exceeds some analysts’ estimates and marks one of the largest European corporate carve-outs this year.

27 Feb 2026-17:30
KPC draws major investors to $7B pipeline deal

Kuwait Petroleum Corporation (KPC) has held early-stage talks with global investors over a potential $7 billion deal involving a stake in its crude oil pipeline network.

24 Feb 2026-14:12
SOFAZ signs strategic partnership with Brookfield

Azerbaijan’s State Oil Fund (SOFAZ) has signed a memorandum of intent with Brookfield Asset Management to establish long-term strategic cooperation.

21 Jan 2026-11:55
Brookfield aims to raise $10 billion for new AI infrastructure fund

Brookfield Asset Management is seeking $10 billion in equity for a new artificial intelligence infrastructure fund, expanding its global strategy to invest heavily in the backbone of the AI boom, the Wall Street Journal reported on Wednesday.

19 Nov 2025-10:40
Bloom Energy shares surge following AI data center deal with Brookfield

Shares of Bloom Energy jumped Monday after the company announced an agreement with Brookfield Asset Management to deploy fuel cells in AI data centers.

13 Oct 2025-17:11
President Aliyev hails successful development of ties between Azerbaijan and Brookfield Asset Management

On September 22, Azerbaijan’s President Ilham Aliyev met in New York with Bruce Flatt, CEO of Brookfield Asset Management, one of the world’s largest alternative investment management companies.

23 Sep 2025-09:57
Duke Energy sells nearly 20% stake in Florida unit to Brookfield for $6 billion

Duke Energy has announced the sale of a 19.7% indirect stake in its Florida operations to Brookfield for $6 billion in cash. The deal, revealed on Tuesday, is part of Duke’s strategy to raise capital for an expanded investment plan.

05 Aug 2025-15:58
UAE’s Masdar poised to acquire Spanish renewable energy firm

UAE's Masdar is nearing a deal to acquire the Spanish renewable energy company Saeta Yield SA from Brookfield Asset Management, according to sources familiar with the discussions.

21 Sep 2024-12:58
President Ilham Aliyev receives Chief Executive Officer of Brookfield Asset Management

27 Jan 2023-09:10