Brief: Brookfield Business Partners To Acquire La Trobe Financial

Brookfield Business Partners LP

18/03/2022 20:21

March 18 (Reuters) - Brookfield Business Partners LP
 BBU.N :
    * BROOKFIELD BUSINESS PARTNERS TO ACQUIRE LA TROBE FINANCIAL
    * BROOKFIELD BUSINESS PARTNERS LP - DEAL FOR APPROXIMATELY
$1.1
BILLION
    * BROOKFIELD BUSINESS PARTNERS LP - DEAL CONSIDERATION
INCLUDING A
CONTINGENT PAYMENT TIED TO BUSINESS ACHIEVING CERTAIN
PERFORMANCE MILESTONES
    * BROOKFIELD BUSINESS PARTNERS LP - INITIAL INVESTMENT WILL
BE
FUNDED WITH ABOUT $765 MILLION OF EQUITY
    * BROOKFIELD BUSINESS PARTNERS LP - OF $765 MILLION OF
EQUITY, CO
INTENDS TO INVEST ABOUT $250 MILLION & BALANCE FROM
INSTITUTIONAL PARTNERS

Source text for Eikon:  ID:nGNX1L8dJ6 
Further company coverage:  BBU.N 

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