BBU - Brookfield Business Partners L.P.

NYSE - NYSE Delayed Price. Currency in USD
38.90
+0.11 (+0.28%)
At close: 4:02PM EDT
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Previous Close38.79
Open38.85
Bid38.46 x 1100
Ask38.99 x 1100
Day's Range38.54 - 39.00
52 Week Range29.82 - 44.66
Volume10,192
Avg. Volume35,895
Market Cap3.117B
Beta (3Y Monthly)1.46
PE Ratio (TTM)37.30
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.25 (0.64%)
Ex-Dividend Date2019-08-29
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • GlobeNewswire

    Brookfield Business Partners to Sell Controlling Interest in North American Palladium

    Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) (“Brookfield Business Partners”), together with its institutional partners (collectively “Brookfield”), today announced an agreement to sell its 81% interest in North American Palladium Inc. (PDL.TO) (“NAP”), a Canadian mining company and the only pure-play palladium producer in the world, to Impala Platinum Holdings Limited (JSE:IMP) (“Implats”). Implats has agreed to acquire all the issued and outstanding shares of NAP held by Brookfield for total proceeds of approximately $570 million. The agreement is part of a broader transaction whereby Implats will also acquire the remaining 19% of NAP’s issued and outstanding shares not held by Brookfield.

  • GlobeNewswire

    Brookfield Business Partners L.P. 2019 Third Quarter Conference Call and Webcast for Investors and Analysts

    You are invited to participate in Brookfield Business Partners’ (BBU-UN.TO) (BBU) 2019 Third Quarter Conference Call & Webcast on Thursday, November 7, 2019 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. Results will be released on Thursday, November 7, 2019 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com. To participate in the Conference Call please dial +1 (866) 688-9431 toll-free in the U.S and Canada or for overseas calls please dial +1 (409) 216-0818 (Conference ID 2294144) at approximately 10:50 a.m. (Eastern Time).

  • GlobeNewswire

    Brookfield Business Partners to Invest in BrandSafway

    Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) ("Brookfield Business Partners"), together with its institutional partners (collectively “Brookfield”), and Clayton, Dubilier & Rice (“CD&R”) today announced a definitive agreement for Brookfield to acquire half of CD&R’s ownership interest in Brand Industrial Services (“BrandSafway” or “Company”).

  • PR Newswire

    Brookfield Business Partners to Acquire Genworth's Stake in Genworth MI Canada Inc.; Genworth and Oceanwide Agree to Extend Merger Agreement

    RICHMOND, Va. , Aug. 13, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) ("Genworth") and Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) ("Brookfield Business Partners") ...

  • GlobeNewswire

    Brookfield Business Partners to Acquire Control of Genworth Canada

    Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) ("Brookfield Business Partners") announced today an agreement (the “Purchase Agreement”) to acquire an aggregate of 48,944,645 common shares (the “Acquired Shares”) of Genworth MI Canada Inc. (“Genworth Canada” or “the business”) (MIC.TO), representing an approximate 57% controlling interest in the business, from Genworth Financial, Inc. (GNW) for approximately C$2.4 billion (US$1.8 billion) or C$48.86 per share. Immediately prior to entering into the Purchase Agreement, Brookfield Business Partners did not own any common shares in the capital of Genworth Canada (“Shares”). Genworth Canada, through its subsidiary Genworth Financial Mortgage Insurance Company Canada, is the largest private sector residential mortgage insurer in Canada, providing mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers.

  • GlobeNewswire

    Brookfield Business Partners Announces Renewal Of limited Partnership Unit Normal Course Issuer Bid

    Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) (“Brookfield Business Partners”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Brookfield Business Partners of its intention to renew its normal course issuer bid for its limited partnership units (the “units”). Brookfield Business Partners believes that in the event the units trade in a price range that does not fully reflect their value, the acquisition of units may represent an attractive use of available funds. Under the normal course issuer bid, the Board of Directors of the general partner of Brookfield Business Partners authorized the partnership to repurchase up to 5% of the total issued and outstanding units, or 4,050,188 units.

  • GlobeNewswire

    Brookfield Business Partners Reports 2019 Second Quarter Results

    BROOKFIELD, NEWS, July 31, 2019 -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today financial results for the.

  • GlobeNewswire

    Teekay Offshore Partners Reports Second Quarter 2019 Results

    Revenues of $319.8 million and net loss of $28.0 million, or ($0.09) per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $4.7 million.

  • GlobeNewswire

    Brookfield Business Partners Announces the Partial Exercise of Underwriters’ Over-Allotment Option

    Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) (“Brookfield Business Partners”) today announced that the underwriters for its public offering (the “Offering”) of 8,760,000 limited partnership units (“units”) that closed on June 28, 2019 have partially exercised their option (the “Over-Allotment Option”) to purchase an additional 1,070,000 units at a price of $39.40 per unit. Brookfield Business Partners will receive additional gross proceeds of approximately $42,158,000 from the exercise of the Over-Allotment Option. Closing of the partial exercise of the Over-Allotment Option is scheduled to occur on or about July 24, 2019.

  • GlobeNewswire

    Teekay Offshore Partners Announces Changes to Board of Directors

    HAMILTON, Bermuda, July 08, 2019 -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today the following change to the Board of Directors.

  • GlobeNewswire

    Brookfield Business Partners L.P. 2019 Second Quarter Conference Call and Webcast for Investors and Analysts

    Date: Wednesday, July 31, 2019Time: 10:00 a.m. (Eastern Time) BROOKFIELD, NEWS, July 03, 2019 -- You are invited to participate in Brookfield Business Partners’ (TSX: BBU.UN).

  • GlobeNewswire

    Brookfield Business Partners Completes Sale of BGRS

    BROOKFIELD NEWS, June 27, 2019 -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") today announced that it has closed the previously.

  • PR Newswire

    JDP Responds To Teekay Offshore's Updated Company Asset Valuation Of $5.3 Billion

    NEW YORK, June 25, 2019 /PRNewswire/ -- On June 21, 2019, Teekay Offshore (TOO) announced an updated valuation figure for the Company's consolidated assets of $5.3 billion across 60 vessels or approximately $2.80 per unit, net of all obligations. JDP Managing Partner Jeremy Deal commented: "While there are many ways to value a business, one of the easiest is to simply look at the net book asset value. In a leasing business with a large moat such as TOO's, over time, management should be able to achieve a premium over net book asset value.

  • GlobeNewswire

    Brookfield Business Partners Announces $795 Million Equity Offering

    All amounts in U.S. dollars BROOKFIELD, News, June 20, 2019 -- Brookfield Business Partners L.P. (NYSE:BBU; TSX:BBU.UN) (“Brookfield Business Partners”) today announced that.

  • PR Newswire

    JDP Capital Management responds to Teekay Offshore Partner's (NYSE: TOO) appointment of advisors to manage Brookfield's take-under offer

    NEW YORK , June 19, 2019 /PRNewswire/ -- JDP has released a presentation on its website titled "The Numbers Don't Lie: Interpreting the Brookfield Offer for Teekay Offshore." JDP Managing Partner ...

  • GlobeNewswire

    Brookfield Business Partners Completes Acquisition of Healthscope

    BROOKFIELD NEWS, June 06, 2019 -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") together with its institutional partners, today.

  • GlobeNewswire

    Brookfield Business Partners Completes Sale of BGIS

    BROOKFIELD NEWS, May 31, 2019 -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") together with its institutional partners.

  • PR Newswire

    JDP Capital Management finds significant support from other unit holders of Teekay Offshore (NYSE: TOO) to oppose Brookfield Business Partner's (NYSE: BBU) take-under offer

    NEW YORK , May 24, 2019 /PRNewswire/ -- On May 17, 2019 , Brookfield Business Partners (NYSE: BBU) published a letter requesting that the board of Teekay Offshore Partners LP (NYSE: TOO) evaluate an offer ...

  • PR Newswire

    Westinghouse Announces Chief Executive Officer Transition; Appointment of Patrick Fragman as CEO

    CRANBERRY TOWNSHIP, Pa., May 16, 2019 /PRNewswire/ -- Westinghouse Electric Company ("Westinghouse") announced today that José Emeterio Gutiérrez will step down as President and Chief Executive Officer on July 31, 2019, following more than a decade of service with the company. Patrick Fragman, currently Group Senior Vice President at ABB Limited, has been appointed as President and CEO effective August 19. In the interim, an Executive Committee comprised of members of Westinghouse's senior leadership team will manage the day-to-day affairs of the company.

  • GlobeNewswire

    Teekay Corporation Announces Pricing of $250 Million Private Offering of Senior Secured Notes

    Teekay Corporation (Teekay or the Company) (TK) announced today the pricing at par of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes).  The Company decided to reduce the offering amount from $300 million as a result of its previously announced agreement to sell the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE: TOO) to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), for $100 million in cash. The Notes are being offered to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act).

  • PR Newswire

    Clarios Launches as a World Leader in Advanced Energy Storage Solutions

    Clarios was acquired by Brookfield Business Partners and operates as a global energy storage business generating $8 billion in revenues with more than 16,000 employees, 56 facilities worldwide and 130 years of expertise. Clarios will build on its leading position in vehicle battery technologies – producing one-third of the industry's total output per year – while more aggressively exploring ways to meet the fast-growing energy storage needs of tomorrow.

  • PR Newswire

    Clarios launches as a world leader in advanced energy storage solutions

    Clarios was acquired by Brookfield Business Partners and operates as a global energy storage business generating $8 billion in revenues with more than 16,000 employees, 56 facilities worldwide and 130 years of expertise. Clarios will build on its leading position in vehicle battery technologies – producing one-third of the automotive industry's total output per year – while more aggressively exploring ways to meet the fast-growing energy storage needs of tomorrow.

  • GlobeNewswire

    Brookfield Business Partners Reports 2019 First Quarter Results

    BROOKFIELD, NEWS, May 01, 2019 -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today financial results for the quarter.

  • GlobeNewswire

    Teekay Offshore Partners Reports First Quarter 2019 Results

    Revenues of $336.6 million and net loss of $2.6 million, or ($0.03) per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $29.5.

  • GlobeNewswire

    Teekay Corporation Agrees to Sell Remaining Interests in Teekay Offshore to Brookfield for $100 Million

    Teekay Corporation (Teekay or the Company) (TK) announced today an agreement to sell to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), all of the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (TOO), which includes the Company’s 49% general partner interest, common units, warrants, and an outstanding $25 million loan from the Company to Teekay Offshore, for total proceeds of $100 million in cash.