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Brookfield Business Partners Unitholders Overwhelmingly Approve Transaction and LPA Amendments

Tipranks - Wed Jan 14, 4:00PM CST

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Brookfield Business Partners ( ($TSE:BBU.UN) ) just unveiled an update.

On January 13, 2026, Brookfield Business Partners L.P. held a special meeting of unitholders at which investors representing 88.30% of the outstanding limited partnership units were present in person or by proxy. At this meeting, unitholders approved the BBU Transaction Resolutions—comprising the BBU Arrangement Resolution and the BBU Limited Partnership Agreement Amendment Resolution—with approximately 99.98% of votes cast in favour of each item, enabling the partnership to proceed with the contemplated transaction structure and related changes to its partnership agreement; no other business requiring a vote was brought before the meeting, underscoring strong unitholder support for management’s proposed course of action.

The most recent analyst rating on ($TSE:BBU.UN) stock is a Buy with a C$43.00 price target. To see the full list of analyst forecasts on Brookfield Business Partners stock, see the TSE:BBU.UN Stock Forecast page.

Spark’s Take on TSE:BBU.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:BBU.UN is a Neutral.

Brookfield Business Partners’ overall stock score is primarily influenced by its challenging financial performance, marked by declining revenues and high leverage. While technical indicators show a positive trend, the valuation remains unattractive due to a negative P/E ratio. The earnings call provided some optimism with strategic initiatives, but financial and operational challenges persist.

To see Spark’s full report on TSE:BBU.UN stock, click here.

More about Brookfield Business Partners

Brookfield Business Partners L.P. is a Bermuda-based limited partnership and a foreign private issuer, organized as an investment vehicle under the Brookfield group, with its limited partnership units listed and widely held by public unitholders. It operates under a limited partnership agreement that governs unitholder rights and the approval process for significant corporate transactions and amendments to its governing documents.

Average Trading Volume: 40,010

Technical Sentiment Signal: Buy

Current Market Cap: C$4.23B

See more data about BBU.UN stock on TipRanks’ Stock Analysis page.

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