Brookfield Business Corporation focuses on healthcare, construction, and wastewater services in the United States, Europe, Australia, the United Kingdom, Canada, and Brazil. It operates through three segments: Business Services, Infrastructure Services, and Industrials. The company operates 42 hospitals; offers construction services for office, residential, hospitality and leisure, social infrastructure, retail, and mixed-use properties; and provides nuclear technology services, such as fuel, maintenance services, engineering solutions, instrumentation and control systems, and manufactured components for nuclear power plants. It also engages in the collection, treatment, and distribution of water and wastewater to the residential and governmental customers. The company was incorporated in 2021 and is headquartered in New York, New York.
IPO Year: 2022
Exchange: NYSE
Website: https://www.brookfield.com
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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
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
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
BROOKFIELD, 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. Our focus is on progressing initiatives to support our growth, including the sale of Westinghouse which we expect to close imminently." Three Months EndedSeptember 30, Nine Months EndedSep
A 23-year veteran of nearly every aspect of Nielsen's business, Rao will take the global leader in audience measurement, data and analytics into the future David Kenny to become Executive Chairman NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Nielsen, 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. "Nielsen has been my home for most of my career, and I could not be more excited for this new opportuni
BROOKFIELD, 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 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 the
BROOKFIELD, 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 Months EndedJune 30,US$ millions (except per unit amounts), unaudited 2023 20225 2023 20225 Net income (loss) attributable to unitholders1 $(48)$137 $26 $153 Net income (loss) per limited partne
BROOKFIELD, 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. 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, representi
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
6-K - Brookfield Business Corp (0001871130) (Filer)
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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
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
BROOKFIELD, 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. Our focus is on progressing initiatives to support our growth, including the sale of Westinghouse which we expect to close imminently." Three Months EndedSeptember 30, Nine Months EndedSep
BROOKFIELD, 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 Months EndedJune 30,US$ millions (except per unit amounts), unaudited 2023 20225 2023 20225 Net income (loss) attributable to unitholders1 $(48)$137 $26 $153 Net income (loss) per limited partne
BROOKFIELD, News, May 05, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the quarter ended March 31, 2023. "We generated solid financial results to start the year supported by the quality of our operations and continued progress on our value creation initiatives," said Cyrus Madon, CEO of Brookfield Business Partners. "Our focus is on continuing to surface value within our operations and advancing monetization activities, including the sale of Westinghouse, which is on track to close later this year." Three Months EndedMarch 31,US$ millions (except per unit amounts), unaudited 2023 20225 Net income attribu
BROOKFIELD, NEWS, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the year ended December 31, 2022. "Our operations were resilient and we achieved great progress on our growth initiatives in 2022," said Cyrus Madon, CEO of Brookfield Business Partners. "Our solid financial results in a challenging environment demonstrate the quality of our operations. We are well positioned to continue building value in 2023 as we execute our operational improvement plans." Three Months EndedDecember 31, Year EndedDecember 31,US$ millions (except per unit amounts), unaudited 2022 2021 2022 2021Net income (loss)
Brookfield, News, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the quarter ended September 30, 2022. "We are pleased with our strong third quarter results in a challenging environment and our excellent progress on capital recycling initiatives," said Cyrus Madon, CEO of Brookfield Business Partners. "The proceeds we expect to generate from the recently announced sale of our nuclear technology services operation will meaningfully enhance our corporate liquidity and position us well to continue building value in our business." Three Months EndedSeptember 30, Nine Months EndedSeptember 30,US$ millio
BROOKFIELD, NEWS, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the quarter ended June 30, 2022. "We are pleased with our strong second quarter results and the continued resilience of our operations," said Cyrus Madon, CEO of Brookfield Business Partners. "We closed three acquisitions and are progressing initiatives to crystalize value for our investors. We are well positioned to continue building value in the second half of the year." Three Months EndedJune 30, Six Months EndedJune 30,US$ millions (except per unit amounts), unaudited 2022 2021 2022 2021 Net income (loss) attributable to unith
BROOKFIELD, NEWS, May 06, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE:BBUC, BBU, TSX:BBUC, BBU.UN))) announced today financial results for the quarter ended March 31, 2022. "We had a successful start to the year, generating strong financial performance and committing approximately $1.6 billion of equity across seven new investments," said Cyrus Madon, CEO of Brookfield Business Partners. "We also completed the creation of our paired corporate entity, BBUC, which should support growth of our ownership base. Our focus is on closing our announced acquisitions, progressing the monetization of our interest in Westinghouse and accelerating initiatives to surface meaningful val