Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group Co. Brookfield Business Partners LP will …
Hartford-based insurance asset management firm Conning, Inc. said it has agreed to acquire certain assets of Brookfield Investment Management Inc.’s core fixed income insurance. The investment team currently managing these assets will join Conning in a newly formed Manhattan investment …
American International Group Inc. and Brookfield Asset Management Inc. agreed to end a 2009 lawsuit in which Brookfield sought a judge’s ruling that the insurer’s collapse triggered default provisions in interest-rate swaps. Brookfield sued in federal court in Manhattan, alleging …
American International Group Inc., the insurer that repaid a U.S. rescue last year, agreed to accept $905 million from Brookfield Asset Management Inc. to resolve a dispute tied to interest-rate swaps. Brookfield, Canada’s largest alternative-asset manager, said the payment will …
