Brookfield Set to Purchase Fosber
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Acquisition Details: Brookfield has agreed to acquire Fosber, a company specializing in advanced machinery for the corrugated packaging industry, in a deal valued at approximately $900 million.
Funding Structure: The acquisition will be funded through Brookfield's private equity strategy, with around $480 million in equity, including an expected investment of about $170 million from Brookfield Business Partners.
Company Background: Fosber, headquartered in Lucca, Italy, designs and manufactures high-speed corrugating machinery and offers essential aftersales services and digital monitoring solutions for box manufacturers globally.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
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Analyst Views on BAM
Wall Street analysts forecast BAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAM is 64.28 USD with a low forecast of 57.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
5 Hold
1 Sell
Moderate Buy
Current: 51.380
Low
57.00
Averages
64.28
High
75.00
Current: 51.380
Low
57.00
Averages
64.28
High
75.00
About BAM
Brookfield Asset Management Ltd. is a global alternative asset manager. The Company invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Its products have three categories, which include long-term private funds, permanent capital vehicles and perpetual strategies, and liquid strategies. These are invested across five principal strategies: renewable power and transition, infrastructure, real estate, private equity, and credit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Dividend Growth: Since its spin-off at the end of 2022, Brookfield Asset Management has paid dividends every quarter, increasing from $0.32 to nearly $0.44 per share, representing an annual growth rate of nearly 11%, demonstrating the company's commitment to returning value to shareholders.
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