Brookfield reinsurance submits proposal to acquire ael for $4.3 billion

Brookfield, news, june 27, 2023 (globe newswire) -- brookfield today announced that following close of markets on june 26, 2023, brookfield reinsurance (nyse, tsx: bnre) delivered a letter to the board of directors of american equity investment life holding company (nyse: ael) (“ael”) setting forth a proposal to acquire all of the outstanding shares of common stock of ael not already owned by brookfield reinsurance for aggregate consideration of $55.00 per ael share.
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