Subject: Brookfield offering swap to Brookfield Reinsurance
Brookfield has offered to swap, share-for-share, shares of BN to shares of Brookfield Re(insurance):
https://reorgdocumentlibrary.b...

Probably has something to do with:
Brookfield Re agrees to buy the rest of American Equity Life Holding that it doesn't already own for $4.3 billion.
https://www.investopedia.com/b...

Anyone have any idea whether this would be beneficial to the shareholder?

Thanks,
Jeff