Brookfield Corp. Files SC 13D/A Amendment

TL;DR

Brookfield Corp. updated its ownership filing for Brookfield Business Partners L.P. on 9/27/24.

AI Summary

On September 27, 2024, Brookfield Corp. filed an SC 13D/A amendment, indicating a change in its beneficial ownership of Brookfield Business Partners L.P. The filing details the group members involved in this ownership structure, including BAM PARTNERS TRUST and BPEG BN HOLDINGS LP. This amendment updates the information regarding Brookfield Corp.'s stake in the subject company.

Why It Matters

This filing signals a potential shift or update in the control and ownership structure of Brookfield Business Partners L.P., which could impact its strategic direction and market valuation.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate strategic shifts or potential takeovers, requiring close monitoring by investors.

Key Players & Entities

• Brookfield Corp. (company) — Filing entity and beneficial owner
• Brookfield Business Partners L.P. (company) — Subject company
• BAM PARTNERS TRUST (company) — Group member of filing entity
• BPEG BN HOLDINGS LP (company) — Group member of filing entity
• BROOKFIELD PRIVATE EQUITY DIRECT INVESTMENTS HOLDINGS LP (company) — Group member of filing entity
• BROOKFIELD TITAN HOLDINGS LP (company) — Group member of filing entity

FAQ

From the Filing

0001193125-24-228126.txt : 20240927 0001193125-24-228126.hdr.sgml : 20240927 20240927195127 ACCESSION NUMBER: 0001193125-24-228126 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240927 DATE AS OF CHANGE: 20240927 GROUP MEMBERS: BAM PARTNERS TRUST GROUP MEMBERS: BPEG BN HOLDINGS LP GROUP MEMBERS: BROOKFIELD PRIVATE EQUITY DIRECT INVESTMENTS HOLDINGS LP GROUP MEMBERS: BROOKFIELD TITAN HOLDINGS LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Brookfield Business Partners L.P. CENTRAL INDEX KEY: 0001654795 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89549 FILM NUMBER: 241336294 BUSINESS ADDRESS: STREET 1: 73 FRONT STREET, 5TH FLOOR CITY: HAMILTON STATE: D0 ZIP: HM 12 BUSINESS PHONE: (441) 294-3309 MAIL ADDRESS: STREET 1: 73 FRONT STREET, 5TH FLOOR CITY: HAMILTON STATE: D0 ZIP: HM 12 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKFIELD Corp /ON/ CENTRAL INDEX KEY: 0001001085 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 100 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: M5J2T3 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 100 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: M5J2T3 FORMER COMPANY: FORMER CONFORMED NAME: BROOKFIELD ASSET MANAGEMENT INC. DATE OF NAME CHANGE: 20051116 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN CORP/ DATE OF NAME CHANGE: 20010321 FORMER COMPANY: FORMER CONFORMED NAME: EDPERBRASCAN CORP DATE OF NAME CHANGE: 19970904 SC 13D/A 1 d859354dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 5) BROOKFIELD BUSINESS PARTNERS L.P. (Name of Issuer) Limited Partnership Units (Title of Class of Securities) G16234109 (CUSIP Number) Swati Mandava Brookfield Corporation Brookfield Place 181 Bay Street, Suite 100 Toronto, Ontario M5J 2T3 (416) 363-9491 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 26, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. G16234109 SCHEDULE 13D  1    Names of Reporting Persons  BROOKFIELD CORPORATION  2  Check the Appropriate Box if a Member of a Group (See Instructions)  (a) ☐  (b) ☒ — Joint Filing  3  SEC Use Only  4  Source of Funds (See Instructions)  OO  5  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)  ☐  6  Citizenship or Place of Organization  ONTARIO Nu