Brookfield makes takeover offer for American Equity Investment Life Holding

TORONTO — Brookfield Reinsurance Ltd. has made a stock-and-cash offer to buy American Equity Investment Life Holding Co. (AEL) that values the company at US$4.3 billion. Under the non-binding expression of interest, the reinsurance arm of Brookfield Corp. is offering US$55 for each AEL share it does not already own.…Read More

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