Despite its shares dropping in value from $3.73 last January to $0.09 today, Becton was able to announce a net operating profit of between $19 million and $22 million for the six months July to December 2008. Its village operations continue to perform generally to expectation. The share price decimation reflects the general property investment market. Sit next story.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
