Brookfield sells Wembley Stadium builder Multiplex for US$650 million (opens original article in a new tab)

Brookfield Business Corp. has sold construction firm Multiplex, known for building Wembley Stadium, to Japan's Obayashi Corp. for US$650 million, receiving US$530 million in cash and an earn-out.

• Brookfield sells construction company Multiplex to Japan's Obayashi Corp. for US$650 million
• Multiplex built Wembley Stadium and operates in Australia, UK, and Canada
• Brookfield receives US$530 million cash and earn-out from the sale