Brookfield Asset Management (BAM) ups its takeover bid for Sydney-listed hotel, retail, and...

|About: Brookfield Asset Managem... (BAM)|By:, SA News Editor

Brookfield Asset Management (BAM) ups its takeover bid for Sydney-listed hotel, retail, and commercial property investor Thakral Holdings to at least $491.8M, according to a source, 14.3% higher than the initial April offer. BAM earlier spun off $72B in AUM to form a property management business.