'Brookfield Asset Management Inc. to Recapitalize General Growth Properties Inc.'

Brookfield Asset Management Inc. to Recapitalize General Growth Properties Inc.

Brookfield Asset Management Inc. would be recapitalizing General Growth Properties Inc. as they have signed a definitive agreement.

Brookfield, along with its partners, would be investing $2.625 billion in equity to fund General Growth's recapitalizations

The recapitalization would provide shareholders a minimum of 34% interest in the newly recapitalized GGP and 86% of GG)

More on this, on the link below.

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