---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-001893"
form_type: "8-K"
ticker: "BAM"
cik: "0001937926"
company_name: "Brookfield Asset Management Ltd."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:05:15.971520+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Brookfield, La Caisse acquire Boralex for $37.25/sh, $9.0B EV

## Summary
- Cash consideration of $37.25/share, 31.8% premium to March 20 close and 36.4% to 30-day VWAP.
- Total enterprise value of $9.0B ($9.7B combined basis); equity value ~$3.8B.
- La Caisse (current ~15% holder) will vote for deal and increase stake to 30%; Brookfield to hold 70%.
- Boralex operates ~3.8 GW of renewable assets with >90% contracted; pipeline of 8.2 GW.
- Transaction expected to close by Q4 2026, subject to shareholder & regulatory approvals; termination fee $115M, reverse $172M.

## SEC filing metadata
- accession: 0001171843-26-001893
- form_type: 8-K
- ticker: BAM
- cik: 0001937926
- company_name: Brookfield Asset Management Ltd.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937926/000117184326001893/0001171843-26-001893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937926/000117184326001893/f8k_032526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-001893
- JSON: https://secwatch.observer/filing/0001171843-26-001893.json
- Plain text: https://secwatch.observer/filing/0001171843-26-001893.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.