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BAM ▼ -1.7% - Brookfield Asset Management Ltd.
BAM ▼ -1.7% - Brookfield Asset Management Ltd.
$BAM BAM - Brookfield Agrees to Acquire Reliance Worldwide Corporation
Brookfield Asset Management shares fell 1.7% today following the company's announcement that it has agreed to acquire Reliance Worldwide Corporation, a global leader in water and flow control products. The decline may reflect investor caution regarding the acquisition's scale, financing structure, or integration risks, despite the strategic rationale for expanding Brookfield's infrastructure and essential services portfolio.
15-SEP-2026 07:31 PM ET
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