Acquiring Company
Brookfield Asset Management
Acquired Company
Reliance Worldwide
New York
MelbourneEnergyFinancial ServicesReal EstateFinanceFintechReal EstateDescription
Reliance Worldwide's board is recommending shareholders accept a $US2.8 billion ($4 billion) takeover offer from Brookfield Capital Partners at $4.75 per share. The offer is a 43 per cent premium to Reliance's six-month average share price. The board had earlier rejected three lower offers in April and May.
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Frequently asked
Who acquired Reliance Worldwide?
Reliance Worldwide was acquired by Brookfield Asset Management, based in New York. The deal was reported on October 23, 2026. Brookfield Asset Management Ltd. Brookfield Asset Management is publicly traded (BAM) and operates in Energy.
When did Brookfield Asset Management acquire Reliance Worldwide?
Brookfield Asset Management's acquisition of Reliance Worldwide was reported on October 23, 2026. Reliance Worldwide's board is recommending shareholders accept a $US2.8 billion ($4 billion) takeover offer from Brookfield Capital Partners at $4.75 per share. The offer is a 43 per cent premium to Reliance's six-month average share price. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Reliance Worldwide do?
Reliance Worldwide Corporation is a leading global manufacturer and supplier of plumbing and water control products. It is privately held, operating in Real Estate, and is based in Melbourne.
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