Brookfield-Sumitomo consortium aquires Odebrecht environment unit

Brookfield-Sumitomo consortium aquires Odebrecht environment unit

Brookfield Business Partners L.P. and Sumitomo Corp. have together completed the acquisition of a 70% controlling stake in the core water, wastewater and industrial water treatment business of Odebrecht Ambiental, for a total investment of US$908 million. Under its new ownership, the business will be renamed BRK Ambiental.

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