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Report: Brookfield Asset Management Unit Mulling Sale of Greenergy Biofuel Business

·2 min read
Report: Brookfield Asset Management Unit Mulling Sale of Greenergy Biofuel Business

On Friday, Bloomberg reported that "people familiar with the matter" claim that Brookfield Business Partners (NYSE: BBU) -- a separately listed unit of Brookfield Asset Management (NYSE: BAM) -- is considering a sale of its Greenergy biofuel provider headquartered in the U.K. The article's sources say Brookfield Business Partners is working with Citigroup and HSBC Holdings to ascertain interest from potential buyers. No potential price for Greenergy was mentioned.