Canada’s Brookfield to list 25% of asset management unit

Canada’s Brookfield to list 25% of asset management unit

Brookfield Asset Management said it will separate and list 25% of the stake in its asset management unit, months after the Toronto-based company said it was considering the move to open up growth options. The company will initially hold a 75% stake in the new entity,...
Carlyle Said to Near $1bn Takeover of Packaging Firm HCP

Carlyle Said to Near $1bn Takeover of Packaging Firm HCP

Carlyle Group Inc. is set to buy Chinese packaging firm HCP for about $1bn, less than two months after a sale of the business was threatened by valuation concerns. The US-based buyout firm hammered out final details of an agreement with HCP’s owner Baring Private...