14 Oct 2025

"Weil Advises Brookfield on $3 Billion Acquisition of Remaining Oaktree Stake"

"Weil is advising Brookfield on its proposed $3 billion acquisition of the remaining 26% interest in Oaktree, which will give Brookfield full ownership of the credit management firm. This move aims to enhance Brookfield's credit platform. The advisory team includes several corporate and tax partners from Weil."

Weil, Gotshal & Manges LLP is advising Brookfield in its proposed acquisition of the remaining 26% interest in Oaktree Capital Management that it does not already own. The transaction involves a total consideration of approximately $3 billion, which will result in Brookfield owning 100% of Oaktree, a leading global credit manager. This acquisition is expected to enhance Brookfield's already robust credit platform. The Weil team advising Brookfield includes Corporate partners Brian Parness, Amanda Fenster, M&A Co-Head Matt Gilroy, and Alexander Miachika, as well as Devon Bodoh, who heads the M&A Tax practice and the International and Cross-Border Tax practice.
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