Record Full Year Adjusted EBITDA
Achieved a record full year adjusted EBITDA of $2.6 billion, with margins increasing to over 20%.
Strong Capital Recycling Initiatives
Generated more than $2 billion from capital recycling initiatives, including $1 billion from monetizations and distributions.
Successful Debt Raise at Clarios
Completed an oversubscribed debt raise at Clarios, funding a $4.5 billion distribution with BBU's share being $1.2 billion, representing a 1.5x multiple of the investment.
New $250 Million Share Buyback Program
Announced a $250 million share buyback program, aimed at being accretive to the per unit value of BBU.
Acquisition of Chemelex
Completed the acquisition of Chemelex, with BBU's share of the equity investment at approximately $210 million.
Strong Performance of Clarios
Clarios maintains a strong trajectory with increasing earnings and cash flows, and holds a leading market position globally.