No. of Recommendations: 5
this seems pretty typical for when brookfield notches a win when having control stake.
first, they buy cheap, second they bring 'enough' operational improvements.
third, also like the westinghouse case, they buy into a secular trend during cyclical pessimism.
it's too difficult to predict what trump\MAGA may end up doing, especially if there is nothing in it for friends&family.
but more resilience is great.
on a sidenote: it was also impressive that brookfield recently abandoned pursuit of grifols, for anyone familiar with that company's long disastrous capital allocation history and current situation.
