Brockfield sells multiplex and built Wembley for 650 million
Brookfield Business Corporation announced its approval to sell Multiplex, a construction company responsible for projects including Wembley Stadium in London, to the Japanese company Obayashi for $650 million. Brookfield will receive $530 million in cash upon closing, with additional future payments based on performance. The deal is expected to be completed in the fourth quarter of this year, pending the fulfillment of conditions and regulatory approvals. Multiplex operates in Australia, the United Kingdom, and Canada, and is known for its diverse projects, most notably Wembley Stadium.
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