Brookfield Capital Partners agreed in September to acquire Reliance Worldwide for US$3.38 per share. The proposed transaction is valued at $2.53 billion.
During the go-shop period, Reliance Worldwide engaged with several potential buyers but received no superior proposals. The company’s board has unanimously reaffirmed its recommendation that shareholders vote in favor of the deal.
The transaction now requires shareholder, court and regulatory approvals. A shareholder meeting is anticipated in early December 2026.