Brookfield Business Partners’ Strong Q3 Results and Strategic Sales

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https://www.tipranks.com/news/the-fly/bwx-technologies-price-target-raised-to-140-from-138-at-maxim

Brookfield Business Partners (TSE:BBU.UN) has released an update.

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.

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