AEL’s stock jump 15% after company confirms $55 a share offer from Brookfield Reinsurance

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Canada News News

The stock of American Equity Investment Life Holding Co. jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it...

The stock of American Equity Investment Life Holding Co. AEL jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it has received a $55 per share offer from Brookfield Reinsurance Ltd. BAM The offer is comprised of $38.85 a share in cash and $16.15 a share in Brookfield stock. AEL stock closed at $45.10 on Monday. With 77.

The stock of American Equity Investment Life Holding Co. AEL jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it has received a $55 per share offer from Brookfield Reinsurance Ltd. BAM The offer is comprised of $38.85 a share in cash and $16.15 a share in Brookfield stock. AEL stock closed at $45.10 on Monday. With 77.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines