Brookfield Adds $3B in Brookfield Business Corporation ($BBUC)
Key Points
- Brookfield changed its Brookfield Business Corporation ($BBUC) stake by 202.15% last quarter, boosting to 142,749,301 shares worth $4.26 billion.
- $BBUC last traded around $29.85.
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Brookfield increased its position in Brookfield Business Corporation ($BBUC) by 202.15% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 142,749,301 shares of Brookfield Business Corporation after buying 95,504,425 shares during the quarter. Brookfield's holdings in Brookfield Business Corporation were worth $4.26 billion as of its most recent filing.
Brookfield Business Corporation Stock Up 7.0%
Shares of Brookfield Business Corporation ($BBUC) traded around $29.85 on Saturday, up 7.0% for the day.
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About Brookfield Business Corporation
Brookfield Business Corporation is a private equity firm specializing in growth capital, divestitures, and acquisitions. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. The firm prefers to invest globally. It prefers to take majority controlling stake in companies. The firm seeks returns of at least 15%-20% on its investments. The firm was founded in 2016 and is based in Hamilton, Bermuda.
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