Brief: Brookfield Announces Investment In Nielsen Holdings

Brookfield Business Partners LP

29/03/2022 12:46

March 29 (Reuters) - Brookfield Business Partners LP
 BBU.N :
    * BROOKFIELD ANNOUNCES INVESTMENT IN NIELSEN HOLDINGS PLC
    * BROOKFIELD BUSINESS PARTNERS LP - WILL INVEST
APPROXIMATELY
$2.65 BILLION BY WAY OF PREFERRED EQUITY, CONVERTIBLE INTO 45%
OF NIELSEN'S COMMON EQUITY
    * BROOKFIELD BUSINESS PARTNERS LP - WILL BE ACTIVELY
INVOLVED IN
NIELSEN'S GOVERNANCE
    * BROOKFIELD BUSINESS PARTNERS LP - EXPECTS TO INVEST ABOUT
$600
MILLION, AND BALANCE OF BROOKFIELD'S INVESTMENT WILL BE FUNDED
FROM INSTITUTIONAL PARTNERS
    * BROOKFIELD BUSINESS PARTNERS LP - EXPECTS TO INVEST ABOUT
$600
MILLION, AND BALANCE OF BROOKFIELD'S INVESTMENT WILL BE FUNDED
FROM INSTITUTIONAL PARTNERS
    * BROOKFIELD - PRIOR TO OR FOLLOWING CLOSING, A PORTION OF
BROOKFIELD BUSINESS PARTNERS' COMMITMENT MAY BE SYNDICATED TO
OTHER INSTITUTIONAL INVESTORS

Source text for Eikon:  ID:nGNX76BfZQ 
Further company coverage:  BBU.N 

 ((Reuters.Briefs@thomsonreuters.com;))