Brookfield agrees to buy Reliance Worldwide for US$2.8 billion

• Brookfield agreed to acquire 100% of Reliance Worldwide Corporation in an all-cash deal priced at USD 3.38 per share.
• The offer implies an enterprise value of about USD 2.8 billion for the plumbing and heating products maker.
• Reliance operates across the Americas, EMEA, Asia Pacific. It is headquartered in the US.
• Funding to come from Brookfield Capital Partners, supported by affiliate Brookfield Business Corporation.
• Closing targeted for Q1 2027, subject to shareholder, regulatory, government approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Asset Management Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-006060), on September 16, 2026, and is solely responsible for the information contained therein.