Brookfield finalizes Rouse acquisition

Brookfield Asset Management announced the completion of its deal to acquire Rouse Properties at a price of $18.25 per share.



Rouse will be merged with Brookfield’s BSREP II Retailing Pool LLC affiliate and the acquired company’s stock will be delisted from the New York Stock Exchange.



Brookfield Asset Management is a global operation that oversees some $200 billion in assets. The New York-based Rouse had been one of the nation’s largest publicly traded regional mall owners. Its portfolio of 35 malls, lifestyle centers, and power centers focus on highly visible locations in growth markets across 21 states.