Brookfield is in talks to sell its Perth-founded construction company, Multiplex Global, to Japan’s Obayashi Corporation under a deal valued in the hundreds of millions of dollars, according to multiple outlets. Business News reports the transaction is worth US$650 million, while Investing.com cites lower headline figures, stating Obayashi will acquire Multiplex for $540 million and $526 million in separate reports. The articles present the same core transaction—an acquisition by Obayashi of Brookfield’s Multiplex Global—though the reported purchase price varies between sources. The discrepancy may reflect differences in whether the price is reported as an initial deal value, total consideration including adjustments, or an alternative valuation figure presented by different outlets.
The coverage does not specify timing for closing, regulatory steps, or whether the figures include debt, assumed obligations, or other components. The reporting indicates that Brookfield’s planned divestment reduces its exposure to the Multiplex business while Obayashi expands its construction footprint through the acquisition.