Shopping center stock GGP is rising on reports that Brookfield is interested in a takeover
Advertisement
- Brookfield, an asset manager, is in talks to acquire General Growth Partners, according to Bloomberg News.
- GGP shares are up 17% on the news, adding to its $18.18 billion market cap.
- The talks are at an early stage, Bloomberg reports, and may not lead to a deal.
- GGP is down 11.9% for the year, even after the move on Tuesday. The company invests in shopping malls.
Advertisement
Advertisement
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Vodafone Idea FPO allotment – How to check allotment, GMP and more
- Satellite monitoring shows large expansion in 27% identified glacial lakes in Himalayas: ISRO
- Vodafone Idea shares jump nearly 8%
- Indians can now get multiple entry Schengen visa with longer validity as EU eases norms
- Investing Guide: Building an aggressive portfolio with Special Situation Funds
- Markets climb in early trade on firm global trends; extend winning momentum to 3rd day running