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The companies that manage Kuwait’s oil sector signed a $16 billion lease agreement with a group of investors led by Blackstone, Brookfield and KKR.

Brookfield’s $7B Aypa Power acquisition signals surging demand for large-scale battery storage across North America.

The planned investment could pave the way for a broader multibillion-dollar push into AI infrastructure in South Korea.

Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia ‌would acquire $1 billion of its new shares to finance a project ‌to expand an AI data centre. The investment comes after the two firms and investment group Brookfield announced ​on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding. Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on ‌Friday, as part of the ⁠agreement.

(Bloomberg) -- Kuwait has agreed a $16 billion infrastructure partnership with Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. involving its oil-export pipelines, even as the Gulf nation comes under daily attacks from Iran.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandSpaceX at $100 Would Imply Zero AI Value, Morgan St

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LXP Industrial Trust (LXP) has agreed to be acquired and taken private by Brookfield Asset Managemen

Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to buy LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, adding a portfolio of modern warehouse and logistics facilities to their holdings.

Brookfield (NYSE:BN) shareholders approved a key transaction resolution at the company’s annual and special meeting, advancing a plan to combine Brookfield Corporation and Brookfield Wealth Solutions Ltd. under a single publicly traded company referred to during the meeting as New BN. Frank McKenna

Brookfield-backed data center provider Csquare's shares opened marginally lower before trading down about 3% ‌in their New York Stock Exchange debut on Thursday, after ‌the initial public offering was priced below its marketed range. Shares opened at $20.9 after the Dallas-based company ​priced its IPO at $21 per share, below its marketed range of $23 to $27, valuing the firm at $3.24 billion. It was last trading at $20.37.

Industrial Development Funding (IDF) and U.S.-based asset manager Oaktree said on ‌Thursday they will invest $1.7 billion in ‌deploying Bloom Energy's fuel-cell technology to help power AI ​cloud infrastructure, including dedicated electricity supply for Nebius' AI computing operations. The investment will fund behind-the-meter power generation using Bloom's fuel cells, ‌allowing Nebius to ⁠meet growing demand for AI compute capacity, the companies said. IDF ⁠is leading the development of the Nebius project, while Oaktree is participating as a ​minority equity ​investor.

Data center provider Csquare priced its initial public offering at $21 per ‌share, Bloomberg News reported on Wednesday, ‌citing sources. Brookfield the Dallas-based company's backer, is considering buying a ​portion of the offering, the report added. Reuters could not immediately verify the report.

(Bloomberg) -- Csquare Inc. priced its initial public offering at $21 per share, according to people familiar with the matter, below a marketed range.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeA Cocaine Bust in Spain Leads All the Way to Wall StreetBrookfie

The Brookfield-backed data center owner and operator is looking to raise $1.25 billion at the midpoint of its marketed range of $23 to $27.

Brookfield's Csquare is expected to start trading July 16.

Ultra-fast fashion retailer Shein is reportedly preparing for a long-anticipated initial public offering (IPO) now set to take place in Hong Kong as early as September or October.

Deal would value West Side office campus at $3.5 billion and is expected to close in next few months.

Csquare Inc., Brookfield’s data center platform, plans a $1.35B US IPO as AI-driven infrastructure demand drives sector valuations higher.

Data center provider Csquare is targeting a valuation of up to $4.18 billion in its U.S. ‌initial public offering, riding a wave of investor enthusiasm ‌for companies expected to benefit from the AI boom. The Dallas-based company said on ​Monday it aims to raise up to $1.35 billion in the IPO by offering 50 million shares at $23 to $27 apiece. New listings in the U.S. have picked up after geopolitical tensions briefly cooled ‌issuance earlier this year, ⁠while surging demand for AI computing infrastructure has boosted investor interest in data center operators.

(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.2%, and the actively t

Fuel-cell maker Bloom Energy soared after announcing a fivefold expansion of an AI infrastructure deal with Brookfield Asset Management.

(Bloomberg) -- Tech companies are selling stock like it’s the dot-com boom, and some investors fear that’s a bad sign for bondholders.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueOman Tells Allies Ships Going Through Hormuz May Have to PayIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansAn Analyst’s Missed Remark Surfaced in Deadly Iran School Strike ProbeApple Shares Sink After Price Hikes Hit iPads and MacsThis month alone, there’s bee

Retail investors have spent decades watching Bill Ackman make concentrated bets from the outside, The Motley Fool noted, piecing together his moves through quarterly filings that arrive months after the trades close. That dynamic changed when Pershing Square USA (PSUS) began trading on the New York ...

Multiplex operates across Australia, the UK and Canada, delivering projects in residential, healthcare and other sectors.

(Bloomberg) -- A US trading platform owned by crypto exchange Kraken has signed a $100 million private loan with a new Gulf investment firm, in another sign that Middle East financiers are looking past the regional conflict to press ahead with overseas investments.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Ga

Brookfield Asset Management (BAM.TO, BAM) and Mitsubishi HC Capital after trade Tuesday said they ha

Data center developer Switch is in talks to raise billions of dollars ‌at a valuation of at least $50 ‌billion, The Information reported on Thursday, citing people with knowledge ​of the deal. • Brookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in ‌the round, the ⁠report said. • The fundraising round could possibly set up Switch for an ⁠initial public offering, which could come as early as next year, according to the report.

The U.S. investment firm has until June 26 to make a firm bid or walk away.

Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation, marking what could be the AI startup's final private fundraise before a highly anticipated IPO.