Brookfield Is Said to Weigh Takeover of Switch (Correct)

Brookfield Asset Management Inc. is exploring a takeover of data-center operator Switch Inc., according to people familiar with the matter.

The alternative asset manager is among potential buyers circling Las Vegas-based Switch as it weighs a sale, said the people, who asked to not be identified because the matter is private. No final decision has been made and Brookfield could opt against pursuing a deal, the people added.

Switch rose 3.8% to close at $31 in New York trading Monday, giving the company a market value of about $7.6 billion.

Representatives for Brookfield and Switch declined to comment.

Data ...