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Brookfield boards approve merger to simplify structure under one public company, Brookfield Corporation Ltd.

Company Fundamentals
26 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Brookfield Corporation and Brookfield Wealth Solutions have received board approval to merge into a single publicly traded company named Brookfield Corporation Ltd., listed on NYSE and TSX under the symbol "BN." The transaction involves exchanging shares on a one-for-one basis and is expected to be tax deferred for U.S. and Canadian shareholders. Shareholder approval is planned for the July 16, 2026 meetings, with completion expected by year-end pending regulatory approvals. Post-merger, the new entity will maintain current distribution levels, simplifying Brookfield's corporate structure and potentially enhancing shareholder value.

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