Brookfield’s reinsurance arm nearing deal to buy American Equity

Canadian private equity firm Brookfield’s reinsurance arm is nearing a deal to buy insurer American Equity Life Holding (AEL.N), a person familiar with the matter told Reuters on Monday. Brookfield has made a cash-and-stock offer that is set to be recommended by the American Equity board, the person said, requesting anonymity. Shares in the company surged […]