Brookfield Reportedly Considers Sale of Nike Label Supplier Trimco

Brookfield Asset Management is considering selling Trimco, a Hong Kong-based manufacturer of labels, packaging and brand-identification tracking products, and a supplier of Nike labels. According to Sina Finance, citing people familiar with the matter, Brookfield has received acquisition interest and held preliminary discussions with potential advisers about a possible sale. The deal could value Trimco at more than $1 billion, and investment firms and industry participants have shown interest in the asset. A formal process may not begin until next year. A Brookfield representative declined to comment.