Brookfield Business Corp (BBU) unifies BBU and BBHC under single share structure

2026-04-07 22:52:33

Abstract generation in progress

Brookfield Business Corporation completed a corporate reorganization on March 27, 2026, consolidating Brookfield Business Partners L.P. (BBU) and Brookfield Business Holdings Corporation (BBHC) under a single share structure. All BBU units, BBHC exchangeable shares, and related partnership units were exchanged for new Class A subordinate voting shares of Brookfield Business Corporation on a one-for-one basis. This reorganization aims to simplify the corporate structure, with BBU serving as the accounting predecessor, and management currently has no plans for material changes to the combined operations.

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