Brookfield Sells Wembley Stadium Builder Multiplex for $650 Million

Brookfield Sells Wembley Stadium Builder Multiplex for $650 Million

Brookfield Business Corp. has agreed to sell Multiplex, the renowned builder of London's iconic Wembley Stadium, to Japan’s Obayashi Corp. for a hefty $650 million. This sale highlights Brookfield's strategic move to streamline its portfolio by divesting non-core assets, while Obayashi gains a significant foothold in the global infrastructure market. The transaction underscores the importance of Wembley Stadium as a landmark project and its enduring legacy in global sports.

Original Source

Read the full article at Bloomberg →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.