Brookfield Business Corp. has agreed to sell Multiplex, a construction firm known for building London’s Wembley Stadium, to Japan’s Obayashi Corp. The transaction price is $650 million. The deal signals Brookfield’s decision to divest the business after Multiplex’s long-running construction operations across multiple regions. Multiplex is described as operating in Australia, the United Kingdom and Canada, reflecting a geographically diversified construction footprint. The sale links Brookfield’s ownership of Multiplex with Obayashi’s interest in expanding its presence through acquisition of a contractor with major project experience, including Wembley Stadium. The sources do not provide additional details on closing conditions, timing, or the allocation of proceeds. Terms such as regulatory approvals and the expected completion date are not included in the provided excerpts. Overall, both outlets agree on the buyer, seller, target company, and the $650 million deal value.
Brookfield agrees to sell Wembley Stadium builder Multiplex to Obayashi for $650 million
Brookfield Business Corp. has agreed to sell Multiplex, a construction firm known for building London’s Wembley Stadium, to Japan’s Obayashi Corp. The transaction price is $650 million. The deal signa...
- Brookfield Business Corp. agrees to sell construction firm Multiplex.
- Obayashi Corp. is the buyer in the deal.
- The agreed transaction value is $650 million.
- Multiplex is associated with building London’s Wembley Stadium.
- Multiplex operates across Australia, the United Kingdom, and Canada.
Founded in 1962, Multiplex operates across Australia, the United Kingdom and Canada
13 hours agoBrookfield Business Corp. has agreed to sell Multiplex, the construction company that built London’s Wembley Stadium, to Japan’s Obayashi Corp. for $650 million.
1 day ago
Multiple low-mileage Chevrolet Corvettes, including ZR-1, Z06, and Stingray models, are listed online
Several Chevrolet Corvette listings for sale online feature low-mileage examples across multiple generations, ranging fr...
Xtrackers ETFs declare semi-annual cash distributions across Japan, Europe, EAFE, emerging markets and real estate
Several Xtrackers exchange-traded funds declare semi-annual cash distributions, according to outlet reports. The Xtracke...
Multiple companies file Form 4 insider transaction reports on mid-June dates
Several companies report insider trading activity through Form 4 filings in mid-June, according to Investing.com listing...