Multiplex sold to Japanese contractor Obayashi

Canadian owner Brookfield Business Corporation has sold its contracting arm Multiplex to Japanese construction firm Obayashi Corporation for £492m.
Multiplex was acquired by Brookfield in 2007 and became a standalone construction business as part of Brookfield Business Corporation in 2016.
The company is a main contractor across the UK, Australia and Canada and a major player in the London commercial market.Anuj Ranjan, CEO of Brookfield Business Corporation, said: “Multiplex is a le