AI Analysis
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Brookfield Business Partners L.P. completed a corporate reorganization on March 27, 2026, creating a new parent entity, Brookfield Business Corporation, which acquired BBU and BBHC in an all-share transaction.
Key Takeaways
1Brookfield Business Corporation became the new parent company of BBU and BBHC following the plan of arrangement.
2Securityholders exchanged BBU units, BBHC shares, and REUs for Class A subordinate voting shares of the Corporation on a one-for-one basis.
3The transaction is accounted for as a common control transaction, with BBU treated as the predecessor for accounting purposes.
4Pro forma financial statements reflect total assets of $75,761 million and revenues of $27,457 million for the year ended December 31, 2025.
5Brookfield Corporation and Brookfield Wealth Solutions Ltd. will hold a combined 142,749,301 Class A Shares post-arrangement.