Brookfield Business Partners to sell some assets to seed new fund

4 days ago 3
wooden blocks with "M and A" letters on financial documents, symbolizing mergers and acquisitions

Brookfield Business Partners (NYSE:BBU) agreed to sell a portion of its stakes in three businesses to a new evergreen private equity strategy that targets high net-worth investors, managed by Brookfield Asset Management (NYSE:BAM), the company said Thursday.

Under the terms

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