Stocks in play: Brookfield Property Partners L.P
Announced today its intention to commence a substantial issuer bid to purchase up to 74,166,670 of BPY’s limited partnership units from public unitholders for a price of $12.00 per Unit, representing a 17.6% premium to the Unit price on the Nasdaq Stock Market as of market close on July 1, 2020. The total value of the Offer is approximately $890 million. Brookfield Property Partners L.P shares T.BPY.UN are trading up $1.66 at $15.11.
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