Brookfield Business Corporation (BBUC) completed a plan of arrangement on March 27, 2026, resulting in a corporate restructuring where it became the new public entity, its name changed to Brookfield Business Holdings Corporation, and its Class A Shares were listed on the TSX and NYSE under the symbol 'BBUC'.
Key takeaways
The plan of arrangement was completed on March 27, 2026.
Brookfield Business Corporation changed its name to Brookfield Business Holdings Corporation effective March 27, 2026, at 12:01 AM Pacific Time.
Holders of non-voting limited partnership units of Brookfield Business Partners L.P. (BBU) received one Class A Share of BBUC for each unit held.
Holders of class A exchangeable subordinate voting shares of Brookfield Business Holdings Corporation (formerly Brookfield Business Corporation) received one Class A Share of BBUC for each share held.
The Class A Shares of BBUC were listed and posted for trading on the Toronto Stock Exchange and New York Stock Exchange under the symbol 'BBUC'.
Brookfield Corporation received three class B multiple voting shares of BBUC in exchange for its one ordinary share in the capital of Brookfield Business Partners Limited.