Japanese Giant Obayashi Snaps up Builder Multiplex for Almost $1bn

Brookfield sells Wembley Stadium builder Multiplex for US$650 million

Brookfield Business Corp. has agreed to sell Multiplex, the construction company that built London’s Wembley Stadium, to Japan’s Obayashi Corp. for US$650 million.

Japanese giant Obayashi snaps up builder Multiplex for almost $1bn

The builder behind Aussie landmarks including Sydney’s Olympic Stadium and Melbourne’s Federation Square is the latest to be sold to a Japanese giant.

Brookfield sells famed Perth builder Multiplex

The famous building business founded in Perth has been sold by Canadian private equity to a Japanese giant.

Brookfield exits building with $924m Multiplex sale to Obayashi

Construction giant Multiplex has become the latest property company to be swept up by the Japanese investing boom, with the big-name builder being snapped up by Obayashi Corporation in a $US650m ($924m) deal.

Brookfield to sell Multiplex to Obayashi for $650 million

TORONTO, June 18, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC), today announced that it has agreed to sell its global construction business Multiplex (or the “business”) to Obayashi Corporation, one of Japan’s largest construction companies, for $650…

Brookfield sells Multiplex to Japanese giant for $924m

The sale comes after the company, one of Australia’s biggest builders, posted consecutive losses, leading its Canadian parent to inject $500 million in cash.