Aug 6 (Reuters) - Australia's Aveo Group AOG.AX on Tuesday revealed that Canada's Brookfield Asset Management Inc BAMa.TO has offered A$1.27 billion ($859.4 million) in cash to acquire the retirement-home operator.
Brookfield's proposal values Aveo at A$2.195 per share, the company said in a statement. ($1 = 1.4778 Australian dollars)