No. of Recommendations: 3
looks like not much interest here when bn is in slow chugging mode.
an interesting question on the q1 call got a generic answer :
[Cowen]
...apart from semiconductors and pharmaceuticals, I find that investors I speak with are somewhat skeptical about the concept of broad reindustrialization in the U.S. Could you elaborate a little bit more on Brookfield's perspective on that and the opportunity to use the Intel deal as a template that facilitates the related funding needs?
[Bruce Flatt]
...the theme has been playing out for a while, and our expectation is we are seeing supply chains reorient around the world, and we don't see that slowing down. I understand it's a topical issue in the U.S., and we will see how much it plays out and what the infrastructure they have to support it, but absolutely we see it reorienting. We have a number of discussions underway, and we think it will present attractive investment opportunities for the business.
We have a unique proposition. We have the capital, we have the scale, and we have the operating expertise to deliver these solutions that maybe few others have. So, I think we are in a unique position to be able to have these conversations, and we do see it being a driver of capital flows over the coming years.
