Parties
Company
Brookfield Asset Management Ltd.
Company
American Equity Investment Life Holding Co. (AEL)
Brookfield Reinsurance to acquire Iowa-based AEL for $5.7 billion. The deal is expected to be completed in the first half of 2024.
Deal Type
Merger & AcquisitionIndustry
Banking/FinanceTransaction
$ 5,700,000,000Deal Status
ClosedClosing Date
02 May 2024