Canada's Brookfield Business Partners acquires Modulaire Group for $5 billion

Brookfield Business Partners LP

27/06/2021 21:18

June 27 (Reuters) - Canada's real estate service provider
Brookfield Business Partners  BBU_u.TO  announced on Sunday an
agreement to acquire UK-based Modulaire Group  IPO-MODU.L  for
$5 billion.
    Brookfield's investment will be funded with approximately
$1.6 billion of equity and the company intends to fund
approximately $500 million, with the balance funded by
institutional partners, the company said.

 (Reporting by Sabahatjahan Contractor in Bengaluru
Editing by Matthew Lewis)
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