Brookfield's $2.53 Billion Bid for Reliance Worldwide Clears Go-Shop Period
Reliance Worldwide announced that no rival bids emerged during the 'go shop' period of Brookfield Capital Partners' proposed $2.53 billion acquisition of the Australian plumbing supplies firm. The board reaffirmed its unanimous recommendation for shareholders to approve the deal, which values Reliance Worldwide at US$3.38 per share. Investors may choose payment in US or Australian dollars if the deal is approved.
Business Standard·




