Brookfield asset management reaches agreement with brookfield property partners to acquire 100% of bpy units

--- aggregate consideration payable to the public of $6.5 billion --- unitholders can elect for each bpy unit $18.17 in cash, 0.3979 of a brookfield class a share or 0.7268 of a bpy preferred unit, subject to pro-ration, for an aggregate consideration mix of approximately 50% cash, 42% brookfield class a shares and 8% bpy preferred units --- bpy's independent directors unanimously approve transaction
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