Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Asset Management Inc.
IPO Year: 2016
Exchange: NYSE
Website: bbu.brookfield.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2023 | $28.00 | Outperform | RBC Capital Mkts |
| 3/9/2023 | $26.00 | Outperform | Credit Suisse |
| 11/8/2021 | $61.00 → $62.00 | Outperform | RBC Capital |
Date: Friday, January 31, 2025 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners will host its Fourth Quarter 2024 Conference Call & Webcast on Friday, January 31, 2025 at 10:00 a.m. (ET) to discuss results and current business initiatives. Results will be released on Friday, January 31, 2025 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q4ConferenceCallUpon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator a
BROOKFIELD, News, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC)) announced today financial results for the quarter ended September 30, 2024. "We had a good quarter, achieving solid financial results and generating over $350 million of proceeds from distributions and announced monetizations, including the sale of a significant portion of our offshore oil services operation," said Anuj Ranjan, CEO of Brookfield Business Partners. "The progress we are making on our capital recycling initiatives will provide us significant liquidity to support our growth and with interest rates normalizing, we are in a great position to continue compounding val
Date: Friday, November 8, 2024 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners will host its Third Quarter 2024 Conference Call & Webcast on Friday, November 8, 2024 at 10:00 a.m. (ET) to discuss results and current business initiatives. Results will be released on Friday, November 8, 2024 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q3ConferenceCallUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypa
BROOKFIELD, News, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC))) 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 shares ("Exchangeable Shares"). Brookfield Business Partners believes that the Units or the Exchangeable Shares, respectively, may from time to time trade in a price range that does not fully reflect their
BROOKFIELD, NEWS, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC))) announced today financial results for the quarter ended June 30, 2024. "Our business fundamentals remain sound and we are pleased with the performance of many of our larger operations," said Anuj Ranjan, CEO of Brookfield Business Partners. "Financial results were strong but impacted by a couple of one-time events this quarter. We continue to build value across our operations which will drive earnings as these one-time items pass. Our strong access to capital differentiates our franchise and enabled us to refinance a significant amount of debt at attractive rates during the
BROOKFIELD, NEWS, July 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today an update on the restoration of systems at its dealer software and technology services operation, CDK Global ("the business" or "CDK"). On June 19, CDK detected and promptly responded to unauthorized cyber activity on its network. CDK proactively shut all systems down, engaged third-party experts to address and investigate the issue and notified law enforcement. CDK has successfully brought substantially all customers back onto its core dealer management system in advance of the July 4 holiday weekend in the U.S. The business is also working to bring back
BROOKFIELD, NEWS, June 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (the "Corporation") ((NYSE, TSX:BBUC) today announced that all ten 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 20, 2024 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representin
Date: Friday, August 2, 2024 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, June 14, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2024 Second Quarter Conference Call & Webcast on Friday, August 2, 2024 at 10:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, August 2, 2024 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q2ConferenceCallUpon registering, you will be emailed
BROOKFIELD, NEWS, May 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the quarter ended March 31, 2024. "We are pleased with our first quarter results supported by the ongoing performance of our largest operations," said Anuj Ranjan, CEO of Brookfield Business Partners. "We generated strong margins and the progress achieved on our value creation plans is contributing to higher quality earnings of our operations. Our access to capital continues to be favorable and we generated approximately $300 million of net proceeds from our capital recycling initiatives including agreements to sell two small operations
New AGM battery technology significantly improves rechargeabilityHighly efficient recharging supports OEM sustainability goalsNew AGM offers in many cases up to 80% reduction in CO2 emissions over traditional AGM batteriesGLENDALE, Wis., April 9, 2024 /PRNewswire/ -- Clarios, producer of one in three of the world's low-voltage car batteries, secured a supplier contract with a major original equipment manufacturer for its new high performance recharge absorbent glass mat (AGM) battery – a 12-volt battery with increased charge acceptance compared to traditional AGM batteries to help reduce fuel consumption and to help reduce CO2 emissions. Clarios' new AGM technology provides significantly im
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RBC Capital Mkts resumed coverage of Brookfield Business Partners with a rating of Outperform and set a new price target of $28.00
Credit Suisse resumed coverage of Brookfield Business Partners with a rating of Outperform and set a new price target of $26.00
RBC Capital reiterated coverage of Brookfield Business with a rating of Outperform and set a new price target of $62.00 from $61.00 previously
Credit Suisse upgraded Brookfield Business from Neutral to Outperform
Credit Suisse upgraded Brookfield Business Partners from Neutral to Outperform and set a new price target of $52.00
Industrial Alliance initiated coverage of Brookfield Business with a rating of Buy
Credit Suisse downgraded Brookfield Business Partners from Outperform to Neutral and set a new price target of $52.00 from $50.00 previously
Royal Bank of Canada reiterated coverage of Brookfield Business Partners with a rating of Outperform and set a new price target of $52.00 from $50.00 previously
National Bank Financial reiterated coverage of Brookfield Business Partners with a rating of Outperform and set a new price target of $47.00 from $38.00 previously
BROOKFIELD, NEWS, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today the appointment of Anne Ruth Herkes to its Board of Directors. Based in Germany, Anne Ruth brings to the Board over 30 years of international expertise in government, diplomacy, and the private sector, with a strong background in many different industries including banking, energy, trade, and aerospace. Anne Ruth previously served as State Secretary for the German Federal Ministry for Economic Affairs and Energy where she led Germany’s global trade policy and provided leadership in the deployment of a national cyber-security strat
ABERDEEN, United Kingdom, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Altera Infrastructure GP L.L.C. (ALIN GP), the general partner of Altera Infrastructure L.P. (Altera Infrastructure or the Partnership), announced the following changes to its Board of Directors (the Board) all with immediate effect: Ingvild Sæther, President and CEO of Altera Infrastructure Group Ltd., and Benedicte Bakke Agerup have been appointed to the Board, increasing the size of the Board to ten directors.Ms Bakke Agerup will join the Audit and Conflicts committees.A new Executive Oversight Committee has been formed. This committee is chaired by Denis Turcotte with Bill Utt and Ingvild Sæther as members. “On behalf of the
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4 - Brookfield Business Partners L.P. (0001654795) (Reporting)
4 - Brookfield Business Partners L.P. (0001654795) (Reporting)
4 - Brookfield Business Partners L.P. (0001654795) (Reporting)
4 - Brookfield Business Partners L.P. (0001654795) (Reporting)
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Date: Friday, January 31, 2025 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners will host its Fourth Quarter 2024 Conference Call & Webcast on Friday, January 31, 2025 at 10:00 a.m. (ET) to discuss results and current business initiatives. Results will be released on Friday, January 31, 2025 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q4ConferenceCallUpon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator a
BROOKFIELD, News, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC)) announced today financial results for the quarter ended September 30, 2024. "We had a good quarter, achieving solid financial results and generating over $350 million of proceeds from distributions and announced monetizations, including the sale of a significant portion of our offshore oil services operation," said Anuj Ranjan, CEO of Brookfield Business Partners. "The progress we are making on our capital recycling initiatives will provide us significant liquidity to support our growth and with interest rates normalizing, we are in a great position to continue compounding val
Date: Friday, November 8, 2024 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners will host its Third Quarter 2024 Conference Call & Webcast on Friday, November 8, 2024 at 10:00 a.m. (ET) to discuss results and current business initiatives. Results will be released on Friday, November 8, 2024 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q3ConferenceCallUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypa
BROOKFIELD, NEWS, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC))) announced today financial results for the quarter ended June 30, 2024. "Our business fundamentals remain sound and we are pleased with the performance of many of our larger operations," said Anuj Ranjan, CEO of Brookfield Business Partners. "Financial results were strong but impacted by a couple of one-time events this quarter. We continue to build value across our operations which will drive earnings as these one-time items pass. Our strong access to capital differentiates our franchise and enabled us to refinance a significant amount of debt at attractive rates during the
Date: Friday, August 2, 2024 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, June 14, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2024 Second Quarter Conference Call & Webcast on Friday, August 2, 2024 at 10:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, August 2, 2024 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q2ConferenceCallUpon registering, you will be emailed
BROOKFIELD, NEWS, May 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the quarter ended March 31, 2024. "We are pleased with our first quarter results supported by the ongoing performance of our largest operations," said Anuj Ranjan, CEO of Brookfield Business Partners. "We generated strong margins and the progress achieved on our value creation plans is contributing to higher quality earnings of our operations. Our access to capital continues to be favorable and we generated approximately $300 million of net proceeds from our capital recycling initiatives including agreements to sell two small operations
Date: Friday, May 3, 2024Time: 10:00 a.m. (Eastern Time) BROOKFIELD, NEWS, March 15, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2024 First Quarter Conference Call & Webcast on Friday, May 3, 2024 at 10:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, May 3, 2024 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2024Q1ConferenceCallUpon registering, you will be emailed a dial-i
BROOKFIELD, NEWS, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the year ended December 31, 2023. "We had a successful 2023, achieving strong business performance and generating over $2 billion of proceeds from capital recycling initiatives which further enhances our liquidity position," said Anuj Ranjan, CEO of Brookfield Business Partners. "As we look to the future, the quality of our operations is the best in our history and supports a strong setup for continued value creation." Three Months EndedDecember 31, Year EndedDecember 31,US$ millions (except per unit amounts), unaudited 2023 20224 2
Date: Friday, February 2, 2024Time: 10:00 a.m. (Eastern Time) BROOKFIELD, NEWS, Dec. 15, 2023 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners' 2023 Fourth Quarter Conference Call & Webcast on Friday, February 2, 2024 at 10:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Friday, February 2, 2024 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2023Q4ConferenceCallUpon registering, you will be e
BROOKFIELD News, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) and its listed affiliate Brookfield Business Partners (NYSE:BBU, TSX:BBU) 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 business, strengthen its organizational structure and reinvest for future growth. "We are pleased to complete the sale of Westinghouse and crystallize significant value for our investors," said Cyrus Mado