Brookfield mulls takeover bid for Merlin Properties: Reuters

Brookfield is considering making a takeover bid for Merlin Properties, reported Reuters, citing an article by the Expansion newspaper.

Brookfield is considering making a takeover bid for Merlin Properties, reported Reuters, citing an article by the Expansion newspaper. Merlin manages a portfolio of offices and commercial real estate across Spain and Portugal. Brookfield was interested in acquiring Merlin before the COVID-19 pandemic and has stepped up its plans since the company’s market valuation plunged.

Source: Reuters