BUZZ-GrafTech International Ltd: Brookfield could invest $150 mln

Thu Apr 30, 2015 12:24pm EDT
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** Graphite electrode maker's shares up 12.5 pct at $4.87

** Brookfield Asset Management Inc agrees to potential $150 mln investment through convertible preferred stock

** Brookfield could also launch a tender to buy GrafTech shares at $5.05 apiece, a 17 pct premium to Wednesday's close

** Tender to be effective if at least 15 pct of outstanding shares are tendered; and if over 75 pct shares are tendered, Brookfield to buy the rest in a merger deal for the same price

** Brookfield down 0.7 pct at C$65.72