- Brookfield Asset Management Inc BAM weighed selling technology outsourcing firm Everise for $1 billion as potential buyers flock in.
- Canadian asset manager Brookfield spoke with financial advisers as it prepared a possible business sale, Bloomberg reports.
- Also Read: Australia's Origin Energy Bags $10B Takeover Offer
- Other firms in the industry and investment funds expressed preliminary interest in acquiring Everise.
- Everise, headquartered in Florida and Singapore, is an outsourcing firm serving industries like technology and health care.
- Everise's customer and technical support services combine artificial intelligence, robotics, and cloud-based technology.
- Brookfield agreed to buy Everise from private equity firm Everstone Capital in 2020.
- Price Action: BAM shares closed higher by 2.97% at $31.89 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
