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Australia's Reliance Worldwide agrees to Brookfield's $2.9 billion buyout bid
Source: reuters.com
M&A & RestructuringPrivate Markets & VentureTax & TariffsCompany Fundamentals
Reliance Worldwide agreed to a roughly $2.9 billion buyout by global investment firm Brookfield. The transaction provides an exit and financial reprieve for the Australian plumbing-supplies company amid pressure from U.S. tariffs and broader economic uncertainty.
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