The private equity group of Brookfield Asset Management has agreed to acquire half of the interest held by Clayton, Dubilier & Rice (CD&R) in BrandSafway, a Kennesaw, Georgia-based industrial services company. Terms weren't released, however, Brookfield said its investment will be funded with about US$1.3 billion of equity. With the deal's close, expected in Q1 2020, Brookfield and CD&R will each own about 45 percent of BrandSafway.
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