JCPenney, a department store chain owned by Simon Property Group (NYSE:SPG) and Brookfield Asset Management (NYSE:BAM), has merged with SPARC Group to form a new company called Catalyst Brands. The joint venture will house SPARC's brands Aéropostale,

Sparc Group, the operator of fashion brands including Lucky, Eddie Bauer, Aeropostale ... bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management Inc., another mall owner, for $800 million.

Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company called Catalyst Brands.

Eddie Bauer and a handful of other brands are under the same umbrella as JCPenney after a merger between retail groups.

A Brookfield Asset Management Ltd.' private real estate fund has bought a U.S. rent-to-own home platform and its portfolio of single family homes for about US$1 billion.

Brookfield Asset Management Ltd. Cl A closed C$2.02 below its 52-week high of C$84.17, which the company achieved on December 11th.

Mark Carney, the chair of Brookfield Asset Management’s board of governors, is leaving the firm to chase a role as the head of Canada’s government.

Ltd. is close to finalizing a deal to acquire approximately 3,800 single-family rental properties for around $950 million, Bloomberg News reported. The acquisition is set to be made through Divvy Homes,

Brookfield Asset Management Ltd. is nearing a deal to buy 3,800 single-family rentals for about $950 million through an acquisition of startup Divvy Homes, according to a person familiar with the matter.

JCPenney has weathered a bankruptcy, store closings and a CEO straight out of Silicon Valley — all followed by continual revenue declines. Now, the storied company is getting another shot

Six retail stores – one of which still has a presence in the Chautauqua Mall – are merging to form a new organization. JCPenney and the SPARC Group are forming Catalyst Brands. Other SPARC Group brands include Aeropostale,

Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the ...