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BRIEF-LCM Partners And Brookfield Asset Management Enter Strategic Partnership

Published 2018-03-21, 07:03 a/m
© Reuters.  BRIEF-LCM Partners And Brookfield Asset Management Enter Strategic Partnership
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March 21 (Reuters) - Brookfield Asset Management Inc BAMa.TO :

* LCM PARTNERS AND BROOKFIELD ASSET MANAGEMENT ENTER INTO STRATEGIC PARTNERSHIP

* LCM PARTNERS SAYS BROOKFIELD WILL ACQUIRE A 25% STRATEGIC INTEREST IN LINK FINANCIAL GROUP​

* LCM PARTNERS- ‍ UNDER TERMS, BROOKFIELD WILL AN OPTION TO ACQUIRE ANOTHER 24.9% INTEREST IN LINK FINANCIAL GROUP OVER TIME​

* ‍LCM PARTNERS - FINANCIAL TERMS OF TRANSACTION HAVE NOT BEEN DISCLOSED​

* ‍LCM PARTNERS SAYS LINK FINANCIAL COMPRISES BOTH LCM AND ITS SISTER COMPANIES

* ‍LCM PARTNERS - LINK FINANCIAL GROUP WILL CONTINUE TO OPERATE INDEPENDENTLY UNDER LEADERSHIP OF EXISTING MANAGEMENT TEAM​

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