Brookfield AM: Dealing With Massive Setbacks in the M&A Energy Sector Explained

Brookfield AM, a Canadian investment firm, recently faced a setback in its energy M&A endeavours.

Its joint bid of $13 billion, in partnership with MidOcean Energy, for Origin Energy, an Australian power generator and retailer, did not succeed.

Despite securing support from 69% of the voted shares, the bidders fell short of the required 75% threshold. Now, the firm must regroup and strategize its next move.