M&A
confidence high
sentiment positive
materiality 0.75
Brookfield completes $3.0B acquisition of Oaktree, now owns 100% of credit manager
Brookfield Asset Management Ltd.
- Total consideration ~$3.0B in cash and shares for the 26% stake not already owned.
- Combined credit platform now $365B; Howard Marks and Bruce Karsh remain as Co-Chairs of Oaktree.
- US becomes BAM's largest market, home to over 60% of employee base and nearly half of revenue.
- Transaction builds on partnership since 2019; Oaktree operates in 18 countries globally.