Brookfield business partners announces filing of final prospectus for unit split and creation of brookfield business corporation

Brookfield, news, march 01, 2022 (globe newswire) -- brookfield business partners l.p. (“brookfield business partners” or “bbu”) (nyse: bbu; tsx: bbu.un) today announced that it has filed its final prospectus and that its registration statement has been declared effective in respect of the special distribution of class a exchangeable subordinate voting shares (the “shares”) of brookfield business corporation (“bbuc”). from an economic and accounting perspective, the special distribution will be analogous to a unit split as it does not result in any underlying change to aggregate cash flows or net asset value except for the adjustment for the aggregate number of units/shares outstanding.
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