Oaktree Said Near Deal For Majority Stake In Two B. Riley Units; Deal Values The Units At Around $380M
Portfolio Pulse from Benzinga Newsdesk
Oaktree Capital is reportedly close to acquiring a majority stake in two units of B. Riley Financial. This move could impact B. Riley's operations and financial structure.
August 21, 2024 | 3:56 pm
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Oaktree Capital is reportedly close to acquiring a majority stake in two units of B. Riley Financial. This could lead to changes in B. Riley's operational and financial strategies.
The acquisition of a majority stake by Oaktree Capital could lead to strategic changes in B. Riley's operations, potentially affecting its financial performance positively. This news is significant for investors as it may influence the company's future direction.
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