Brookfield Business Partners (TSE:BBU.UN) has released an update.
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Brookfield Business Partners reported strong third-quarter results with a net income of $301 million, a significant improvement from last year’s loss. The company generated over $350 million from distributions and monetizations, including a major sale in its offshore oil services segment. With $1.5 billion in liquidity, Brookfield is well-positioned for future growth as interest rates stabilize.
For further insights into TSE:BBU.UN stock, check out TipRanks’ Stock Analysis page.
