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Deals

Brookfield targets Reliance Worldwide in $2.9bn deal

Tuesday, August 18, 2026 · first reported by Private Equity Wire

Brookfield Asset Management proposes all-cash acquisition of Reliance Worldwide Corporation at AUD4.75/share (AUD4.1bn / $2.9bn), a 32% premium, gaining exposure to US construction and residential markets (60% of RWC revenue) through SharkBite plumbing products business.

Deal value
$2.9B
Asset class
Private equity
Geography
Asia-Pacific

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

Coverage

1 source