Brookfield in advanced talks to buy Hong Kong firm Trimco, sources say

The transaction with Brookfield Asset Management Inc. could value Trimco Group at as much as US$1 billion. Read more.

The investment firms are hammering out the details of a transaction that could value Trimco at as much as US$1 billion, the people said, asking not to be identified because the matter is private. Brookfield has been sounding out potential financing banks for the deal, and an agreement could be reached in the next few weeks, the people said.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Talks are ongoing and could still face delays or fall apart, the people said. A representative for Brookfield declined to comment, while a spokesperson for Affinity didn’t immediately respond to a request for comment.Article content

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