Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 88

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 4
Chunk 88
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  September 2024      Business services            On September 17, 2024, together with institutional partners, we completed the acquisition of Network, a leading payment processor in the Middle East and Africa. Total consideration for the busi...  

Consistent with our company’s strategy and in the normal course of business, we are engaged in discussions and have in place various binding and/or non-binding agreements, with respect to possible business acquisitions and dispositions. However, there can be no assurance that these discussions or agreements will result in a transaction or, if they do, what the final terms or timing of such transactions would be. Our company expects to continue current discussions and actively pursue these and other acquisition and disposition opportunities.

We are subject to the informational requirements of the U. S. Exchange Act. In accordance with these requirements, we file reports and other information as a foreign private issuer with the SEC. The SEC maintains a website that contains reports, proxy and information statements and other information relating to our partnership. The site is located at http://www. sec. gov. Similar information can also be found on our website at https://bbu. brookfield. com. Copies of documents that have been filed with the Canadian securities authorities can be obtained at www. sedarplus. ca. The information found on, or accessible through our website does not form part of this annual report on Form 20-F. See also Item 10. H “ Documents on Display”.

For a description of our principal capital expenditures in the last three fiscal years, see Item 5. A, “ Operating Results”.

  Brookfield Business Partners      57  

4. B BUSINESS OVERVIEW

Overview

We were established by Brookfield to be its flagship public partnership for its business services and industrials operations. Our operations are primarily located in the United States, Europe, Australia, Brazil, Canada and the United Kingdom. We are focused on owning and operating high-quality operations that benefit from a strong competitive position and provide essential products and services. We seek to build value through enhancing the cash flows of our businesses, pursuing an operations-oriented acquisition strategy and opportunistically recycling capital generated from operations and dispositions into our existing operations, new acquisitions and investments. The partnership’s goal is to generate returns to unitholders primarily through capital appreciation with a modest distribution yield.

Operating Segments

We have four operating segments which are organized based on how management views business activities within