Brookfield agrees to acquire Reliance Worldwide Corporation
The all-cash proposal values Reliance at approximately US$2.8 billion and is expected to close in Q1 2027 pending regulatory approvals.
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Global alternative asset manager and wealth solutions provider
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In short: Brookfield advanced a proposed $100 billion AI campus and finalized up to $9 billion in Naver funding.
The all-cash proposal values Reliance at approximately US$2.8 billion and is expected to close in Q1 2027 pending regulatory approvals.
The acquisition closes via plan of arrangement with cash payments initiated. Shares delist August 17. Boralex operates independently advancing renewable energy missions.
The firm raised $98 billion and completed the Oaktree acquisition while deploying capital to a record $210 billion available for investment.
The acquisition fully integrates Oaktree's credit platform with Brookfield's, broadening its global credit solutions across multiple strategies.
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