AcquisitionsAug 3, 2026, 08:04 AM
Brookfield Completes Oaktree Acquisition for $3.0B
AI Summary
Brookfield Asset Management Ltd. and Brookfield Corporation announced the completion of their previously announced acquisition of Oaktree on July 31, 2026. Brookfield acquired the remaining 26% interest in Oaktree for approximately $3.0 billion, paid in cash and shares, resulting in 100% ownership. This strategic move strengthens Brookfield's global credit platform, which now manages $365 billion, and establishes the U.S. as its largest market.
Key Highlights
- Brookfield completed the acquisition of the remaining 26% interest in Oaktree.
- Total consideration for the acquisition was approximately $3.0 billion.
- Brookfield now owns 100% of Oaktree, strengthening its credit platform to $365 billion.
- The acquisition makes the U.S. Brookfield Asset Management's largest market, with over 60% of its employee base.
- Oaktree's global investment platform expands Brookfield's credit business reach to 18 countries.
Price Impact
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