Brookfield to launch IPO for Aussie coal export terminal: Reuters

Brookfield Asset Management plans to launch an initial public offering for its US$1.4 billion Australian coal export terminal next week, reported Reuters.

Brookfield Asset Management plans to launch an initial public offering for its US$1.4 billion Australian coal export terminal next week, reported Reuters. Brookfield had put its plans for a sale or listing of the Dalrymple Bay Coal Terminal on hold in March amid coronavirus travel restrictions but talks resumed with investors in July.

Source: Reuters