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Brookfield Asset Management to acquire minority stake in AREP

Brookfield Asset Management affiliates agreed to acquire a minority interest in American Real Estate Partners for an undisclosed amount.

BAM

Brookfield Asset Management NYSE:BAM affiliates have agreed to acquire a minority interest in American Real Estate Partners (AREP) for an undisclosed amount. The investment combines AREP’s vertically integrated data center development platform with Brookfield’s global scale and investment capabilities.