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Brookfield to Establish Global Facilities Management Business

January 28, 2015 / by Brookfield Asset Management (author)

Brookfield Asset Management Inc. (“Brookfield”) has announced it has reached an agreement to acquire the other 50% of its Canadian and Australian facilities management businesses from Johnson Controls Inc. for approximately US$200 million. This acquisition will facilitate a merger with its wholly owned businesses in the Middle-East and South America as part of a broader plan to create the leading global facilities management business.

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