Reliance Worldwide Corporation Says Board Unanimously Recommends Brookfield Deal

By Reuters News

Oct 19 (Reuters) - Reliance Worldwide Corporation Limited RWC.AX:

  • NO-SHOP, NO-TALK, NO-DUE-DILIGENCE RESTRICTIONS NOW APPLY UNDER SID

  • BROOKFIELD TO BUY RWC FOR US$3.38 CASH PER SHARE

  • NO ALTERNATIVE PROPOSAL RECEIVED DURING 'GO SHOP' PERIOD

  • BOARD UNANIMOUSLY RECOMMENDS BROOKFIELD DEAL

  • DEAL IMPLIES VALUE OF A$4.87 PER RWC SHARE

  • SCHEME MEETING SCHEDULED FOR EARLY TO MID-DECEMBER 2026

  • SCHEME IMPLEMENTATION EXPECTED IN LATE DECEMBER 2026


Further company coverage: RWC.AX

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