Major Corporate Restructuring Completed: Share Exchanges, Name Changes, and New Reporting Entity Established

summarizeSummary

Brookfield Business Holdings Corp (formerly Brookfield Business Corporation) announced the completion of a complex plan of arrangement, which involved significant share exchanges, a corporate name change, and a shift in reporting issuer status for several Brookfield entities.

check_boxKey Events

• Completion of Corporate Restructuring

  Brookfield Business Partners (BBU), Brookfield Business Holdings Corp (BBHC), and Brookfield Business Corporation (BBUC) finalized a major plan of arrangement on March 27, 2026.

• Significant Share Exchanges

  Holders of BBU Units, BBHC Exchangeable Shares, and Holding LP Redemption-Exchange Units (REUs) received Class A subordinate voting shares of the newly named Brookfield Business Corporation (formerly BBUC).

• Corporate Name Changes

  The entity previously known as Brookfield Business Corporation was renamed Brookfield Business Holdings Corporation (the filer), and the entity previously known as 1559985 B.C. Ltd. (BBUC) was renamed Brookfield Business Corporation.

• Shift in Reporting Issuer Status

  The original BBU and BBHC will cease to be reporting issuers, while the newly named Brookfield Business Corporation (the new BBUC) became a reporting issuer with its Class A Shares listed on the TSX and NYSE.

auto_awesomeAnalysis

This filing announces the completion of a complex and significant corporate reorganization for the Brookfield business segment. The plan of arrangement involved the exchange of various unit and share classes from Brookfield Business Partners (BBU) and the original Brookfield Business Holdings Corp (BBHC) into Class A subordinate voting shares of a newly named public company, Brookfield Business Corporation (the entity now trading as BBUC). This restructuring fundamentally alters the ownership structure for investors, consolidating interests into a single publicly traded entity and streamlining the corporate governance framework. The original Brookfield Business Holdings Corp (the filer of this 6-K) has changed its name and, along with Brookfield Business Partners, will cease to be a reporting issuer. Investors should understand that their investment is now in the new Brookfield Business Corporation, and the previous entities are being delisted. This finalization removes uncertainty surrounding the previously announced reorganization.