Oct 7 (Reuters) - Brookfield Asset Management BAMa.TO :
* To create Brookfield business partners (bbp)
* Intends to spin off approximately 35% of Brookfield business partners l.p.
* Brookfield asset management -special dividend estimated to be worth US$0.50
per share, or approximately US$500 million, in the form of units of bbp
* Says bbp intends to apply to list its units in Canada and the United States
* Subject to receipt of normal course regulatory approvals, Brookfield
anticipates completing spin-off of bbp in Q1 2016
* To spin off part of Brookfield business partners by distributing special
dividend estimated at $0.50 per share
* Brookfield business partners businesse will include substantially all
brookfield's business services,industrial operations
* Brookfield asset management- co will operate business services,industrial
operations of private equity platform through Brookfield business partners
* Source text for Eikon ID:nMKWBRBMCa
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