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<li>Brookfield Business Holdings agreed to sell global construction business Multiplex to Japan’s Obayashi for USD 650 million.     *      Deal includes about USD 530 million cash at closing, with an earn-out tied to future performance.     *      Closing targeted for Q4 2026, subject to customary conditions and regulatory approvals.     *      Multiplex was founded in Australia in 1962, acquired by Brookfield in 2007, with major operations in Australia, the UK, Canada. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Business Holdings Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606180645PRIMZONEFULLFEED9748836) on June 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</li>
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<p>Brookfield Business Holdings agreed to sell its global construction business, Multiplex, to Japan's Obayashi for $650 million. The deal includes approximately $530 million in cash at closing, with the remainder tied to an earn-out based on future performance. The transaction is targeted to close in Q4 2026, subject to customary conditions and regulatory approvals.</p>

Brookfield Business agrees to sell Multiplex to Obayashi for $650 million