Tag: $Brookfield

Blackstone Inc. and Brookfield Asset Management Ltd. are among the private equity firms in the next round of bidding for a majority stake in Volkswagen AG’s heavy diesel engine unit, having made new offers of at least €8 billion ($9.4 billion), people familiar with the matter said.

Canadian alternative-investment giant Brookfield said it’s leading talks to buy a majority stake, and then buy out, French renewable energy provider Neoen.

The United Arab Emirates on Friday announced it would contribute $30 billion to a new fund aiming to divert private sector capital towards climate investments and improve financing for the Global South.