Brookfield Agrees to Acquire Reliance Worldwide Corporation

{
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  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-09-15T23:31:00+00:00",
  "company": {
    "name": "Brookfield",
    "domain": "brookfield.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/09/15/3362788/0/en/brookfield-agrees-to-acquire-reliance-worldwide-corporation.html",
    "title": "Brookfield Agrees to Acquire Reliance Worldwide Corporation",
    "excerpt": "NEW YORK and SYDNEY, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Brookfield, through its flagship private equity strategy, today announced that it has entered into an agreement to acquire 100% of global manufacturer of plumbing and heating solutions Reliance Worldwide Corporation (“Reliance”) (ASX: RWC). The Reliance Board has unanimously recommended the all-cash proposal of US$3.38 per share to shareholders, who will vote on the agreement. The proposal constitutes an enterprise value for Reliance of approximately US$2.8 billion. Reliance is headquartered in the US, with operations across the Americas, Europe and the Middle East (EMEA), and Asia Pacific. Anuj Ranjan, CEO of Brookfield’s Private Equity group, said: “Reliance is the type of business we look for - a global, market-leading industrial company with strong brands, durable customer relationships and clear opportunities to create value through investment in operations and continued product expansion. Brookfield’s global operating expertise in industrials and the US housing ecosystem positions us well to support Reliance in its next phase of growth and over the long term.” Investment Highlights Transaction Details Brookfield’s investment will be funded through the Brookfield Capital Partners strategy and its affiliate Brookfield Business Corporation (NYSE: BBUC, TSX: BBUC). The transaction remains subject to customary closing...",
    "summary": "Brookfield has agreed to acquire 100% of global plumbing and heating solutions manufacturer Reliance Worldwide Corporation for approximately US$2.8 billion.",
    "location": "New York, USA",
    "planning": true,
    "image_url": "https://ml.globenewswire.com/Resource/Download/3a57691b-db18-4432-b333-64c887278a17",
    "confidence": 1,
    "published_at": "2026-09-15T23:31:00Z",
    "location_data": [
      {
        "city": "New York",
        "state": "New York",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
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    "article_sentence": "Brookfield, through its flagship private equity strategy, today announced that it has entered into an agreement to acquire 100% of global manufacturer of plumbing and heating solutions Reliance Worldwide Corporation (“Reliance”) (ASX: RWC).",
    "amount_normalized": 2800000000,
    "related_company_name": "Reliance Worldwide Corporation",
    "related_company_domain": "rwc.com"
  }
}

curl https://signals.autobound.ai/v1/signals/a4d15cc9-8d6e-25f3-a159-9ec084dfae1b \
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"brookfield.com","limit":20}'