Business Context and Reporting Period
This Form 6-K filing by Brookfield Asset Management Inc. (Brookfield Corp) covers the month of June 2013, specifically dated June 16, 2013. The registrant is a foreign private issuer based in Toronto, Ontario, Canada, filing pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Key Financial Metrics
The filing does not provide standard periodic financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The document focuses exclusively on a specific corporate transaction.
Material Changes
The primary material event disclosed is the sale of two major assets:
- Assets Sold: Longview Timber and Longview Fibre Paper and Packaging.
- Transaction Value: $3.675 billion.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, future guidance, outlook, specific risk factors, or contingencies beyond the disclosure of the asset sale. The document serves primarily to incorporate the press release regarding the transaction by reference into the company's registration statement on Form F-9.
Investor Verification Checklist
- Verify the final closing date and any conditions precedent to the $3.675 billion sale of Longview Timber and Longview Fibre.
- Confirm the allocation of the sale proceeds and the impact on the company's balance sheet and leverage ratios.
- Review the full text of the press release (Exhibit 99.1) for details on the buyer and strategic rationale.
- Check subsequent filings for the actual cash flow impact and any tax implications of the divestiture.