Brookfield sells Multiplex to Japanese giant for $924m (opens original article in a new tab)

Canadian investment giant Brookfield sells loss-making construction firm Multiplex to Japanese company Obayashi Corporation for $924 million after three years of losses.

• Brookfield sells construction firm Multiplex to Obayashi Corporation for $924 million
• Multiplex has been loss-making for three consecutive years
• Brookfield injected $500 million in cash into Multiplex over three years