Brookfield Asset Management is in advanced talks to buy a majority stake in private-credit manager Castlelake, according to people with knowledge of the matter.
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Brookfield Asset Management in talks to acquire majority stake in CastlelakeBrookfield Asset Management is in advanced talks to acquire a majority stake in private credit manager Castlelake with an investment of more than $1.5 billion, according to the Financial Times. The deal would also involve a large investment in Castlelake's funds. Talks are in the late stage and could still fall apart.
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Singtel Says No Optus Deal After Report Brookfield Talks EndedSingapore Telecommunications Ltd. said there is no impending deal to sell its Australian phone carrier Optus, following a report that discussions for a transaction had collapsed.
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