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Announced

Completed

Brookfield completed the acquisition of Aveo Group for $959m.

Synopsis

Brookfield Property Group, a property management group, completed the acquisition of Aveo Group, an owner and operator of retirement and aged care communities across Australia, for $959m. "The Brookfield transaction is subject to a limited number of conditions and is not subject to financing or due diligence. Based on the cash consideration, the full Aveo board of directors unanimously recommends that Aveo securityholders vote in favour of the scheme in the absence of a superior proposal," Aveo.

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