Key Details
Price
$57.70Last Dividend
$0.08Annual ROE
12.14%Beta
1.35Events Calendar
Next earnings date:
N/ARecent quarterly earnings:
Nov 08, 2024Recent annual earnings:
Feb 08, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Sept 12, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Brookfield Reinsurance agreed to buy the rest of American Equity Life Holding Company that it doesn't already own for $4.3 billion.
Brookfield Reinsurance Ltd. BNRE, -0.63% has agreed to acquire the shares of American Equity Investment Life Holding Co. AEL, -0.69%, or AEL, it does not already own in a cash-and-stock deal valued at $4.3 billion.
BROOKFIELD, NEWS, June 28, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced that it has filed recast audited consolidated financial statements as of December 31, 2022 and December 31, 2021 and for each of the three years in the period ended December 31, 2022 and corresponding management's discussion and analysis (the “Recast Financial Statements”). The Recast Financial Statements have been prepared in connection with Brookfield Reinsurance's previously announced conversion of its accounting framework from International Financial Reporting Standards, as issued by the International Accounting Standards Board, to accounting principles generally accepted in the United States of America.
American Equity Investment Life Holding (NYSE: AEL) ended about 15% up after Brookfield Reinsurance Ltd (TSE: BNRE) said it was willing to buy the annuity provider for $4.3 billion. Analysts' view on the Brookfield-AEL deal The proposal translates to $55 a share, of which, the Canadian investment giant wants to pay $38.
The stock of American Equity Investment Life Holding Co. AEL, +10.89% jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it has received a $55 per share offer from Brookfield Reinsurance Ltd. BAM, -0.57% The offer is comprised of $38.85 a share in cash and $16.15 a share in Brookfield stock.
FAQ
- What is the primary business of Brookfield Reinsurance?
- What is the ticker symbol for Brookfield Reinsurance?
- Does Brookfield Reinsurance pay dividends?
- What sector is Brookfield Reinsurance in?
- What industry is Brookfield Reinsurance in?
- What country is Brookfield Reinsurance based in?
- When did Brookfield Reinsurance go public?
- Is Brookfield Reinsurance in the S&P 500?
- Is Brookfield Reinsurance in the NASDAQ 100?
- Is Brookfield Reinsurance in the Dow Jones?
- When was Brookfield Reinsurance's last earnings report?
- When does Brookfield Reinsurance report earnings?