Brookfield Asset Management closes in on major logistics deal.

Brookfield Asset Management closes in on major logistics deal. The Toronto-based infrastructure giant is nearing completion of its $1.2 billion acquisition of World Freight Company from private equity firms EQT and PAI Partners. This strategic move strengthens Brookfield's position in the global logistics and transportation sector, adding valuable freight handling capabilities to its diversified portfolio. The transaction reflects continued consolidation in the logistics industry as major players seek to expand operational scale and market reach. World Freight Company brings established infrastructure and operational expertise that complements Brookfield's existing transportation assets. The deal underscores strong investor appetite for logistics assets amid growing e-commerce demand and supply chain optimization needs.