{"id":696,"date":"2026-09-16T19:14:56","date_gmt":"2026-09-16T11:14:56","guid":{"rendered":"https:\/\/btbitcoin.net\/index.php\/2026\/09\/16\/brookfield-signs-deal-valued-at-us2-8b-to-buy-reliance-worldwide\/"},"modified":"2026-09-16T19:14:56","modified_gmt":"2026-09-16T11:14:56","slug":"brookfield-signs-deal-valued-at-us2-8b-to-buy-reliance-worldwide","status":"publish","type":"post","link":"https:\/\/btbitcoin.net\/index.php\/2026\/09\/16\/brookfield-signs-deal-valued-at-us2-8b-to-buy-reliance-worldwide\/","title":{"rendered":"Brookfield signs deal valued at US$2.8B to buy Reliance Worldwide"},"content":{"rendered":"<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->TORONTO \u2014 Brookfield Capital Partners LLC has signed a deal to buy Reliance Worldwide Corp. Ltd. that values the Australian company at about US$2.8 billion.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Reliance owns a portfolio of plumbing products with operations around the world.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Anuj Ranjan, CEO of Brookfield&#8217;s Private Equity group, says Brookfield&#8217;s expertise in industrials and the U.S. housing market positions it well to support Reliance in its next phase of growth and over the long term.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->The deal follows an offer by Brookfield for the company earlier this year.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Under the agreement, Brookfield will pay US$3.38 per Reliance share in cash.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->The transaction, which requires Reliance shareholder and regulatory approval, is expected to close in the first quarter of next year.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->This report by The Canadian Press was first published Sept. 16, 2026.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->Companies in this story: (TSX:BBUC, TSX:BAM, TSX:BN<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\"><!-- HTML_TAG_START -->The Canadian Press<!-- HTML_TAG_END -->  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO \u2014 Brookfield Capital Partners LLC has signed a  [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-696","post","type-post","status-publish","format-standard","hentry","category-3"],"_links":{"self":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/posts\/696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/comments?post=696"}],"version-history":[{"count":0,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/posts\/696\/revisions"}],"wp:attachment":[{"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/media?parent=696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/categories?post=696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/btbitcoin.net\/index.php\/wp-json\/wp\/v2\/tags?post=696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}