Brookfield Reinsurance has announced that it expects to complete its acquisition of American Equity Investment Life Holding Company (AEL) after market close on May 2, 2024. This press release contains forward-looking statements, covering the anticipated closure of the transaction and potential impacts associated with it. The release notes several considerations, including fulfillment of closing conditions, the possibility of uncertainty impacting the businesses involved, potential disruptions, and integrational challenges. Furthermore, it acknowledges risks such as negative effects on the stock market, the risk of litigation, and the potential for not achieving merger benefits. Both Brookfield Reinsurance and AEL have cautioned stakeholders with regards to these forward-looking statements, emphasizing that these are not guarantees of future performance and the actual outcomes may vary due to numerous factors.

Insurance, Financial Services,United States

https://bnre.brookfield.com/press-releases/brookfield-reinsurance-and-ael-announce-expected-closing-date-brookfield