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Brookfield Business Partners Units BBU

Alternate Symbol(s):  T.BBU.UN

Brookfield Business Partners L.P. is a Bermuda-based company that is focused on owning and operating businesses that provide essential products and services. Its sole direct investment is managing a general partnership interest in Brookfield Business L.P., through which it holds all its interests in its operating businesses. It has four operating segments: Business services, Infrastructure services, Industrials, and Corporate and other. Its business services segment includes a residential mortgage insurer, dealer software and technology services, healthcare services, non-bank financial services, and entertainment operation. Its infrastructure services segment includes services such as offshore oil, modular building leasing, and work access. Its industrials segment includes operations such as advanced energy storage, engineered components manufacturing, and water and wastewater. Its operations are located in the United States, the United Kingdom, Europe, Australia, Canada, and Brazil.


NYSE:BBU - Post by User

Post by james1975on Feb 10, 2019 10:41pm
63 Views
Post# 29345047

Westinghouse

WestinghouseWestinghouse paid a special dividend of $150 million to BBU in 2018. BBU put in about $500 million into the Westinghouse purchase. If this is repeated next year and the year after, they have almost made their entire investment back. Westinghouse then earns them service fees for the next 50 years plus on an expanding basis (China just put in a Westinghouse reactor). 
I can't believe some of the discounts this group picks businesses up for. This could be a Graftech-like situation.
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