Brookfield Business Corporation (BBUC) News
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Latest BBUC News From Around the Web
Below are the latest news stories about BROOKFIELD BUSINESS CORP that investors may wish to consider to help them evaluate BBUC as an investment opportunity.
Brookfield’s Private Equity Group Completes Sale of WestinghouseBROOKFIELD News, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its listed affiliate Brookfield Business Partners (NYSE: BBU; TSX: BBU.UN) today announced the completion of the sale of Westinghouse Electric Company (“Westinghouse” or “the Company”). Westinghouse is a global leading provider of mission-critical technologies, products, and services to the nuclear power industry. The sale follows a five-year repositioning of Westinghouse to refocus the busin |
Sale of Westinghouse Receives Regulatory ApprovalBROOKFIELD News, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its listed affiliate Brookfield Business Partners (NYSE: BBU; TSX: BBU.UN) today announced the receipt of all required regulatory approvals to close the previously announced sale of Westinghouse Electric Company (the “transaction”) to a consortium of Cameco Corporation and Brookfield Renewable Partners. The transaction is expected to be completed on or about November 7, 2023. Brookfield Asset |
Brookfield Business Partners Reports Third Quarter 2023 ResultsBROOKFIELD, NEWS, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended September 30, 2023. “We had a strong third quarter and are pleased with our results,” said Cyrus Madon, CEO of Brookfield Business Partners. “We generated record quarterly Adjusted EBITDA and reached an agreement to sell an interest in Everise, our technology services operation, at a valuation of 3.5x our original investment |
Brookfield Business Partners L.P. 2023 Third Quarter Conference Call and Webcast for Investors and AnalystsDate: Friday, November 3, 2023Time: 9:30 a.m. (Eastern Time) BROOKFIELD NEWS, Sept. 29, 2023 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners’ 2023 Third Quarter Conference Call & Webcast on Friday, November 3, 2023 at 9:30 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, November 3, 2023 prior to 8:00 a.m. (Eastern Time) and will be available following the release |
Brookfield Business Partners Completes Filing of Recast Annual Financial StatementsBROOKFIELD, News, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN) (“Brookfield Business Partners”) today announced that it has filed recast audited consolidated financial statements as at December 31, 2022 and 2021 and for each of the three years in the period ended December 31, 2022, together with corresponding management’s discussion and analysis (collectively, the “Recast Financial Statements”). The Recast Financial Statements have been prepared i |
Karthik Rao Named CEO of NielsenNielsen, the global leader in audience measurement, data and analytics, announced today that Karthik Rao has been named CEO, effective immediately. David Kenny, who has served as CEO since 2018, will assume the role of Executive Chairman. |
Brookfield Business Partners Announces Renewal of Normal Course Issuer Bids for Units and Exchangeable SharesBROOKFIELD, News, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) today announced that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by Brookfield Business Partners L.P. of its intention to renew its normal course issuer bid for its limited partnership units (“Units”) and a notice filed by Brookfield Business Corporation of its intention to renew its normal course issuer bid for its class A exchangeable subordinate voting share |
Brookfield Business Partners Reports Second Quarter 2023 ResultsBROOKFIELD, NEWS, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN) announced today financial results for the quarter ended June 30, 2023. “We are pleased with our second quarter results and the progress achieved on our growth initiatives,” said Cyrus Madon, CEO of Brookfield Business Partners. “Our business fundamentals are solid and we continue to surface value through our operational improvement initiatives.” Three Months EndedJune 30, Six Mon |
Brookfield Business Partners L.P. 2023 Second Quarter Conference Call and Webcast for Investors and AnalystsDate: Friday, August 4, 2023Time: 9:30 a.m. (Eastern Time) BROOKFIELD, NEWS, June 27, 2023 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners’ 2023 Second Quarter Conference Call & Webcast on Friday, August 4, 2023 at 9:30 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, August 4, 2023 prior to 8:00 a.m. (Eastern Time) and will be available following the release on ou |
Brookfield Business Corporation Announces Results of Annual Meeting of ShareholdersBROOKFIELD, News, June 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all nine nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual general meeting of shareholders held on June 13, 2023 in a virtual meeting format |