Brookfield to Acquire UK Pension Risk Business for $3.17 Billion
Deal strengthens firm’s position in pension de-risking market
Global investment firm Brookfield has announced a $3.17 billion acquisition of a UK-based pension risk transfer business, bolstering its presence in the growing market for corporate pension de-risking.
The transaction is part of Brookfield's strategy to expand its insurance and retirement solutions portfolio amid rising demand for long-term financial security products in the UK and Europe.
The transaction is part of Brookfield's strategy to expand its insurance and retirement solutions portfolio amid rising demand for long-term financial security products in the UK and Europe.
