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Brookfield is reportedly in talks to acquire Swissport:Bloomberg

Oct. 11, 2018 3:41 PM ETBrookfield Corporation (BN) Stock, BN:CA StockBNBy: Vandana Singh, SA News Editor1 Comment
  • According to Bloomberg sources, Brookfield Asset Management (BAM -1.5%) has emerged as the preferred bidder for Swissport International and is reportedly in advanced talks to acquire the airport services company from HNA Group.
  • Deal is expected to be valued over $3B.
  • Cerberus Capital Management and Temasek were also looking to acquire Swissport
  • HNA purchased Swissport in 2015 from PAI Partners for CHF2.73B (~$2.8B).

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