JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands. The joint venture will house SPARC's brands Aéropostale,

Retailers are banding together for a massive operation based out of Texas that will see JCPenney merge with the parent company of Forever 21. Known as Catalyst Brands, the new company includes Aéropostale,

Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.

NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets ...

Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale, Forever 21 and Brooks Brothers ... in 2020 and was acquired by Simon Property and Brookfield Asset Management Inc., another mall owner, for $800 million.

Brookfield Asset Management Ltd. Cl A closed C$2.02 below its 52-week high of C$84.17, which the company achieved on December 11th.

A Brookfield Asset Management Ltd.' private real estate fund has bought a U.S. rent-to-own home platform and its portfolio of single family homes for about US$1 billion.

Mark Carney, the chair of Brookfield Asset Management’s board of governors, is leaving the firm to chase a role as the head of Canada’s government.

Ltd. is close to finalizing a deal to acquire approximately 3,800 single-family rental properties for around $950 million, Bloomberg News reported. The acquisition is set to be made through Divvy Homes,

If the company can achieve its 2029 plan value, it can deliver even higher total returns from today's share price. For example, an investor who buys about $1,000 worth of Brookfield Corporation stock at the current share price could see that investment grow to over $2,900 by 2029 if it hits its growth and valuation target of $176 per share.

The deal includes 745 MW of wind assets and a 1.6 GW pipeline. Brookfield Asset Management announced closing of a $1.5B strategic partnership with Castlelake. Brookfield acquired a 51% stake in ...

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