Canadian Asset Manager Brookfield Eye Divesting Tech Outsource Company Everise For $1B

  • 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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
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!