12/06/2007 - 22:00

Brookfield makes play for Multiplex

12/06/2007 - 22:00

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Brookfield makes play for Multiplex

CANADIAN property and infrastructure company Brookfield Asset Management has bid $4.3 billion for property developer Multiplex Group Ltd and has already secured the Roberts family’s controlling stake. Brookfield had bid $5.05 in cash for each of the group’s stapled securities, plus a 10 cent distribution for the June half. The bid comes four months after the Roberts family announced it had been approached by Brookfield about a possible bid.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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