Brookfield to fold Brookfield Wealth Solutions into single listed parent under BN ticker
Brookfield Asset Management Inc
Brookfield Asset Management Inc BN | 0.00 |
- Brookfield outlined a corporate simplification that would consolidate Brookfield Corporation and Brookfield Wealth Solutions under a single listed entity, Brookfield Corporation Ltd.
- BN class A limited voting shares, BWS class A exchangeable limited voting shares, to be exchanged 1-for-1 into new shares of the combined company.
- New entity expected to trade on NYSE, TSX under BN; targeted to close by year-end, pending shareholder votes, court approval, regulators.
- Shareholder votes scheduled for July 16, 2026 annual meetings; transaction expected to be tax-deferred for US, Canadian holders.
- Post-close quarterly distribution expected to match current payouts from BN, BWS.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605261700OMX_____CNEWS_EN_GNW9726734_en) on May 26, 2026, and is solely responsible for the information contained therein.
