Brookfield Business Partners

Brookfield Business Partners Announces Record Date for Unit Split and Creation of Brookfield Business Corporation

Retrieved on: 
Tuesday, February 22, 2022

BROOKFIELD, NEWS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (Brookfield Business Partners or BBU) (NYSE: BBU; TSX: BBU.UN) today announced that it has set March 7, 2022 as the record date for the previously announced special distribution of class A exchangeable subordinate voting shares (the Shares) of Brookfield Business Corporation (BBUC).

Key Points: 
  • BROOKFIELD, NEWS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (Brookfield Business Partners or BBU) (NYSE: BBU; TSX: BBU.UN) today announced that it has set March 7, 2022 as the record date for the previously announced special distribution of class A exchangeable subordinate voting shares (the Shares) of Brookfield Business Corporation (BBUC).
  • Brookfield Business Partners is a business services and industrials company focused on owning and operating high-quality businesses that benefit from a strong competitive position and provide essential products and services.
  • Brookfield Business Partners is the flagship listed business services and industrials company of Brookfield Asset Management, a leading global alternative asset manager with approximately $690 billion of assets under management.
  • Brookfield Business Partners is listed on the New York and Toronto stock exchanges.

AlbaCore Capital Group Announces its Largest Private Realization To-Date

Retrieved on: 
Monday, February 7, 2022

AlbaCore Capital Group (AlbaCore), a leading European credit specialist with ~$91 billion in assets under management, announces the largest private realization in its five-year history as it refinances its position in Modulaire Group and exercises its warrants.

Key Points: 
  • AlbaCore Capital Group (AlbaCore), a leading European credit specialist with ~$91 billion in assets under management, announces the largest private realization in its five-year history as it refinances its position in Modulaire Group and exercises its warrants.
  • Sunny Thakrar, Deputy Group CEO and Group COO at Modulaire Group added: We enjoyed the partnership with AlbaCore over the years supporting Modulaire Group with creative debt solutions, which supported our business to grow and become an attractive investment for Brookfield Business Partners.
  • AlbaCore Capital Group is one of Europes leading specialist credit investors focusing on public and private corporate credit markets.
  • 2Invested capital is the sum of all 'buy' trades for all AlbaCore mandates since inception to 31 October 2021, and includes recycled capital and co-investment.

WatServ Achieves SOC 2 Type II Compliance for Second Year in a Row

Retrieved on: 
Tuesday, February 1, 2022

"SOC 2 Type II compliance demonstrates WatServ's continued commitment to our clients and partners when it comes to information security," said Dave Lacey, CEO of WatServ.

Key Points: 
  • "SOC 2 Type II compliance demonstrates WatServ's continued commitment to our clients and partners when it comes to information security," said Dave Lacey, CEO of WatServ.
  • "This gold star outcome further supports our objective to provide clients with complete confidence in our cloud managed services."
  • More than just an audit on the internal controls design and implementation, the Type II also considers the effectiveness of controls over a set period.
  • For the second year in a row, WatServ's accomplishment brings assurance to clients who rely on its cloud-managed services.

CLARIOS ANNOUNCES SMART TECHNOLOGY TO PROVIDE REAL-TIME VEHICLE PERFORMANCE OPTIMIZATION, MONITORING OF CRITICAL SAFETY FUNCTIONALITY FOR EVs, AUTONOMOUS VEHICLES

Retrieved on: 
Monday, January 10, 2022

Clarios Smart AGM (absorbent glass mat) will monitor its performance in real-time, deliver continuous low-voltage power to optimize performance of the low-voltage power supply, anticipate the need for battery maintenance and provide safety critical operations.

Key Points: 
  • Clarios Smart AGM (absorbent glass mat) will monitor its performance in real-time, deliver continuous low-voltage power to optimize performance of the low-voltage power supply, anticipate the need for battery maintenance and provide safety critical operations.
  • EVs require an advanced low-voltage battery as a key component of a multi-battery system to help provide continuous low-voltage power and provide crucial safety functionality in critical moments of emergency.
  • As more autonomous features are added to vehicles, there will be an even greater reliance on the low-voltage battery.
  • "The Clarios Smart AGM will be a gamechanger for the industry, providing a reliable safety critical battery with real-time communications," said Mark Wallace, Clarios CEO.

Brookfield Business Partners L.P. 2021 Fourth Quarter Conference Call and Webcast for Investors and Analysts

Retrieved on: 
Tuesday, December 21, 2021

BROOKFIELD, NEWS, Dec. 21, 2021 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners’ 2021 Fourth Quarter Conference Call & Webcast on Friday, February 4, 2022 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 21, 2021 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners 2021 Fourth Quarter Conference Call & Webcast on Friday, February 4, 2022 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.
  • Brookfield Business Partners (TSX: BBU.UN) (NYSE:BBU) is a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs.
  • Brookfield Business Partners is the flagship listed business services and industrials company of Brookfield Asset Management, a leading global alternative asset manager with approximately $650 billion of assets under management.
  • Brookfield Business Partners is listed on the New York and Toronto stock exchanges.

CLARIOS TO SHOWCASE SMART ENERGY STORAGE TECHNOLOGY FOR EVs, AUTONOMOUS VEHICLES IN INTERACTIVE SPACE AT CES 2022

Retrieved on: 
Tuesday, December 21, 2021

MILWAUKEE, Dec. 21, 2021 /PRNewswire/ -- Clarios, producer of one in three of the world's car batteries, will showcase new smart energy storage technology at CES 2022, the world renown consumer electronics show.

Key Points: 
  • MILWAUKEE, Dec. 21, 2021 /PRNewswire/ -- Clarios, producer of one in three of the world's car batteries, will showcase new smart energy storage technology at CES 2022, the world renown consumer electronics show.
  • The Company will debut Smart AGM technology with a product demonstration in their booth throughout the CES show dates.
  • At CES, Clarios will showcase its advanced xEV portfolio including its new Smart AGM technology.
  • About Clarios: Clarios is a world leader in advanced energy storage solutions.

CLARIOS TO DEBUT SMART ENERGY STORAGE TECHNOLOGY FOR EVs, AUTONOMOUS VEHICLES IN INTERACTIVE SPACE AT CES 2022

Retrieved on: 
Friday, December 17, 2021

MILWAUKEE, Dec. 17, 2021 /PRNewswire/ --Clarios, producer of one in three of the world's car batteries, will debut and showcase new smart energy storage technology at CES 2022, the world renown consumer electronics show.

Key Points: 
  • MILWAUKEE, Dec. 17, 2021 /PRNewswire/ --Clarios, producer of one in three of the world's car batteries, will debut and showcase new smart energy storage technology at CES 2022, the world renown consumer electronics show.
  • Clarios will debut the SMART AGM technology with a product demonstration in their booth throughout the CES show dates.
  • At CES, Clarios will debut its advanced xEV and Smart AGM technology.
  • About Clarios: Clarios is a world leader in advanced energy storage solutions.

Brookfield to Acquire the Lottery Business of Scientific Games Corporation

Retrieved on: 
Thursday, October 28, 2021

See Risks Associated with the COVID-19 Pandemic in the Risks Factors section included in our Managements Discussion and Analysis of Financial Condition and Results of Operations in our Form 20-F for the year ended December 31, 2020.

Key Points: 
  • See Risks Associated with the COVID-19 Pandemic in the Risks Factors section included in our Managements Discussion and Analysis of Financial Condition and Results of Operations in our Form 20-F for the year ended December 31, 2020.
  • We caution that the foregoing list of important factors that may affect future results is not exhaustive.
  • When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
  • Except as required by law, Brookfield Business Partners undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

Brookfield Business Partners L.P. 2021 Third Quarter Conference Call and Webcast for Investors and Analysts

Retrieved on: 
Tuesday, October 12, 2021

BROOKFIELD NEWS, Oct. 12, 2021 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners’ 2021 Third Quarter Conference Call & Webcast on Friday, November 5, 2021 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.

Key Points: 
  • BROOKFIELD NEWS, Oct. 12, 2021 (GLOBE NEWSWIRE) -- You are invited to participate in Brookfield Business Partners 2021 Third Quarter Conference Call & Webcast on Friday, November 5, 2021 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.
  • Live audio of the Conference Call will be available via webcast on our website or can be accessed at BBUQ32021Webcast .
  • Brookfield Business Partners (TSX: BBU.UN) (NYSE:BBU) is a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs.
  • Brookfield Business Partners is the flagship listed business services and industrials company of Brookfield Asset Management, a leading global alternative asset manager with over $625 billion of assets under management.

WatServ Earns Advanced Specialization for Microsoft Windows Server and SQL Server Migration to Microsoft Azure

Retrieved on: 
Tuesday, August 24, 2021

TORONTO, Aug. 24, 2021 /PRNewswire/ - WatServannounced today that it has earned the"Microsoft Windows Server and SQL Server Migration to Microsoft Azure"advanced specialization, demonstratingthe company'sextensive experience andknowledgeinmigrating and optimizing Windows Server and SQL Server-based workloads to Microsoft Azure.

Key Points: 
  • TORONTO, Aug. 24, 2021 /PRNewswire/ - WatServannounced today that it has earned the"Microsoft Windows Server and SQL Server Migration to Microsoft Azure"advanced specialization, demonstratingthe company'sextensive experience andknowledgeinmigrating and optimizing Windows Server and SQL Server-based workloads to Microsoft Azure.
  • This follows on the heels of WatServ's achievement in May 2021 that saw it earn an advanced specialization for Microsoft Azure Virtual Desktop.
  • Specifically, this meant that WatServ had to hold status as a Microsoft Gold Cloud Platform partner, as well as meeting the threshold requirements for employees having the Azure Administrator, Azure Data Engineer, and DevOps Engineercertifications.
  • "This is the second advanced specialization that our team has earned from Microsoft in the past few months.