BROOKFIELD, NEWS, May 15, 2018 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN)
("Brookfield Business Partners"), together with institutional partners (collectively "Brookfield"), announced today that it has
completed the previously announced acquisition of a controlling interest in the Schoeller Allibert Group B.V., one of Europe’s
largest manufacturers of returnable plastic packaging systems.
Brookfield Business Partners is a business services and industrials company focused on owning
and operating high-quality businesses that benefit from barriers to entry and/or low production costs. Brookfield Business Partners
is listed on the New York and Toronto stock exchanges. Important information may be disseminated exclusively via the website;
investors should consult the site to access this information.
Brookfield Business Partners is the flagship listed business services and industrials company of Brookfield
Asset Management Inc. (NYSE:BAM) (TSX:BAM.A) (EURONEXT:BAMA), a leading global alternative asset manager with approximately $285
billion of assets under management. For more information, please visit our website at https://bbu.brookfield.com.
BROOKFIELD BUSINESS PARTNERS CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND
INFORMATION Note: This news release contains "forward-looking information" within the meaning of Canadian
provincial securities laws and "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933,
as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations. The words "will," "expect,"
“increase,” "may," derivatives thereof and other expressions which are predictions of or indicate future events, trends or
prospects and which do not relate to historical matters will tend to identify forward-looking statements. Forward-looking
statements in this news release include statements regarding the expected completion of the transaction described herein and the
anticipated timing thereof, and the future performance and operation of the acquired business.
Although we believe that the forward-looking statements we make are based upon reasonable assumptions and
expectations, the reader should not place undue reliance on them or any other forward-looking statements or information in this
news release. The future performance and prospects of Brookfield Business Partners are subject to a number of known and unknown
risks, uncertainties and other factors, many of which are beyond our control. Factors that could cause actual results to differ
materially from those contemplated or implied by forward-looking statements in this news release include, but are not limited to:
the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; the
behavior of financial markets, including fluctuations in interest and foreign exchange rates; global equity and capital markets and
the availability of equity and debt financing and refinancing within these markets; strategic actions including acquisitions and
dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain
expected benefits and in particular completion of the acquisition referred to in this news release, which cannot be assured;
changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical
accounting assumptions and estimates); the ability to appropriately manage human capital; the effect of applying future accounting
changes; business competition; operational and reputational risks; technological change; changes in government regulation and
legislation within the countries in which we operate; governmental investigations; litigation; changes in tax laws; ability to
collect amounts owed; catastrophic events, such as earthquakes and hurricanes; the possible impact of international conflicts and
other developments including terrorist acts and cyber terrorism; and other risks and factors detailed from time to time in our
documents filed with the securities regulators in Canada and the United States.
We caution that the foregoing list of important factors that may affect future results is not exhaustive.
When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other
uncertainties and potential events. Except as required by law, Brookfield Business Partners undertakes no obligation to publicly
update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new
information, future events or otherwise.
