On September 18, 2019, Alexander Waislitz, Chairman and Chief Investment Officer of Thorney Opportunities Ltd., announced that Aveo Group entered into a scheme of arrangement in August to sell out to Brookfield Financial Properties L.P. at $2.15 per share ex-dividend - a 40 per cent discount to net tangible assets (NTA). Alexander Waislitz stated that Brookfield Financial’s bid was likely to ‘produce a highly unsatisfactory outcome for shareholders’. Alexander Waislitz added that he would urge all the Company shareholders to reject the deal when it goes to a vote in October.