Brookfield targets Australia’s Reliance again with $2.9-billion bid
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ML v2 (DistilBERT)
0.241 · RIGHT
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0.020 · CENTER
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Article Excerpt
Brookfield targets Australia’s Reliance again with $2.9-billion bid
SCOTT MURDOCH
SYDNEY
REUTERS
PUBLISHED 55 MINUTES AGO
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Global investment firm Brookfield is taking a fourth shot at buying Reliance Worldwide with an A$4.1-billion (US$2.91-billion) bid, despite a profit slump and an uncertain business outlook for the Australian plumbing supplies group created by tariffs and volatile housing activity.
Reliance announced on Tuesday it had granted Brookfield …
Read full article at The Globe and Mail ↗
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Aug 18, 2026