Canadian asset manager in talks to invest $1bln in Meraas' unit

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UAE – Mubasher: Canada’s Brookfield Asset Management is planning to buy a $1 billion stake in one of Meraas Holding’s unit, according to Al-Bayan newspaper.

Informed sources revealed that the deal is still under negotiations, the Emirati newspaper added, quoting Bloomberg.

Brookfield manages 2,000 assets across 30 countries in the five continents, as per the Canadian company’s website.

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