Brookfield reinsurance to acquire ael in $4.3 billion transaction

Brookfield, news, july 05, 2023 (globe newswire) -- brookfield reinsurance (nyse, tsx: bnre) and american equity investment life holding company (nyse: ael) (“ael”) today announced that they have entered into a definitive agreement whereby brookfield reinsurance will acquire all of the outstanding shares of common stock of ael it does not already own in a cash and stock transaction that values ael at approximately $4.3 billion.
BNRE Ratings Summary
BNRE Quant Ranking