
Brookfield offloads construction giant Multiplex to Japan's Obayashi for $924m after years of losses
Canadian investment group Brookfield has agreed to sell Australian-founded global construction firm Multiplex to Japan's Obayashi Corporation for US$650 million ($924.5 million), drawing a line under a turbulent ownership period that saw the company rack up hundreds of millions of dollars in losses driven by cost blowouts, insolvencies acros...