Brookfield Asset Management (BAM) Picks up on Spinoff

Brookfield Asset Management Inc.

shares gained 0.6% to $32.63, on announcing its intention to spin off approximately 35% of Brookfield Business Partners L.P. by distributing to shareholders a special dividend estimated to be worth $0.50 U.S. per share, or approximately $500 million U.S, in the form of units of BBP. Share volume was 43,000, compared to an all-day average of 447,000