Obayashi Corporation has announced its intention to acquire Brookfield's Multiplex Global for a total consideration of $540 million. This transaction marks a significant move in the construction and engineering sector, as Obayashi aims to expand its global footprint through this acquisition. Multiplex Global, known for its expertise in large-scale construction projects, will enhance Obayashi's capabilities and market presence. The deal is expected to be finalized in the coming months, subject to regulatory approvals and customary closing conditions.
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