Browsing Tag
Reliance Worldwide Corporation Limited
2 posts
Brookfield secures board backing for $2.9bn Reliance Worldwide takeover
Reliance Worldwide Corporation has agreed to support Brookfield’s roughly $2.9 billion takeover after four approaches, giving shareholders a cash exit as US tariffs, weaker volumes and input costs weigh on the plumbing-products group’s largest regional business.
Reliance Worldwide gets A$4.75 Brookfield bid as 95% statutory profit fall puts recovery value in play
Brookfield offers A$4.75 a share for Reliance Worldwide as FY26 profit drops 95%, putting takeover terms and ASX's FY27 margin recovery firmly in focus.