(Reuters) - Australia's Aveo Group AOG.AX on Wednesday said it had signed a deal with units of Brookfield Asset Management BAMa.TO under which the Canadian firm will buy the Australian retirement home operator for A$1.27 billion.
The offer values Aveo at A$2.195 per share, which the company had disclosed earlier this month.
Aveo’s board unanimously recommends the offer, the company said in a statement.
Reporting by Shreya Mariam Job in Bengaluru; Editing by Sandra Maler
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