Brookfield Asset Management (BAM) is mulling a roughly $1 billion investment in Spring Education Group, a private school operator, Bloomberg reported Tuesday, citing people with knowledge of the matter.
Brookfield did not immediately reply to a request for comment from MT Newswires.
BAM shares were over 1% higher in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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