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

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  • 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.
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BAMBrookfield Asset Management Ltd
$42.05-1.98%

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