Dec 2 (Reuters) - Brookfield Asset Management Reinsurance Partners Ltd:
* BROOKFIELD ASSET MANAGEMENT INC ASSET MANAGEMENT BUSINESS SPINOFF
* BROOKFIELD ASSET MANAGEMENT AND BROOKFIELD ASSET MANAGEMENT REINSURANCE PARTNERS CL A EXCHANGEABLE WILL SPINOFF ITS ASSET MANAGEMENT BUSINESS
* COS WILL SPINOFF ASSET MANAGEMENT BUSINESS TO SHAREHOLDERS AT A RATIO OF 1 SHARE OF SPINCO FOR EVERY 4 CLASS A SHARES
* IMMEDIATELY POST SPINOFF, BROOKFIELD ASSET MANAGEMENT WILL BE RENAMED AS BROOKFIELD CORPORATION AND TRADE UNDER NEW TICKER SYMBOL BN
* SHARES ARE EXPECTED TO COMMENCE TRADING DECEMBER 12, 2022
* SPINCO WILL ASSUME TICKER BAM AND NAME BROOKFIELD ASSET MANAGEMENT
* SPDJI WILL TREAT THIS AS A ZERO PRICE SPINOFF Source text for Eikon: Further company coverage: