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Multiplex approached by Brookfield Asset Management

Australia-based Multiplex has now received a formal approach from Canada's Brookfield Asset Management Inc. which may lead to a proposal for the acquisition by Brookfield and Roberts Family Nominees (RFN) of 100% of the underlying businesses of Multiplex Limited.

Toronto-based property asset manager said that the Multiplex Board has agreed for it to hold discussions with RFN Nominees Pty Limited, the Roberts family holding company, which holds approximately 26% of the securities of the Multiplex Group, regarding the proposal. Agreement by RFN to participate is a pre-condition to Brookfield making any definitive offer to the Multiplex.



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