UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2018
Commission File Number: 001-37775
Brookfield Business Partners L.P.
(Translation of registrant's name into English)
73 Front Street, 5th Floor
Hamilton, HM 12 Bermuda
(441) 294-3309
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
EXHIBIT INDEX
| Exhibit Number | Description | |
| 99.1 | Brookfield Business Partners Completes Sale of Quadrant Energy |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Brookfield Business Partners L.P. by its general partner, Brookfield Business Partners Limited | ||
| Date: November 26, 2018 | /s/ Jane Sheere | |
| Jane Sheere | ||
| Corporate Secretary | ||
EXHIBIT 99.1
Brookfield Business Partners Completes Sale of Quadrant Energy
BROOKFIELD NEWS, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") together with institutional partners (collectively, “Brookfield”) today announced the completion of the previously announced sale of Quadrant Energy (“Quadrant”) to Santos Limited for US$2.15 billion.
As part of the sale agreement, Brookfield received a contingent payment in relation to Quadrant’s significant Dorado-1 oil discovery and a royalty over all other future hydrocarbons produced in Quadrant’s Bedout Basin tenements. This enables Brookfield to maintain exposure to the upside in these exploration interests.
Brookfield Business Partners is a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs. Brookfield Business Partners is listed on the New York and Toronto stock exchanges. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.
Brookfield Business Partners is the flagship listed business services and industrials company of Brookfield Asset Management Inc. (NYSE: BAM)(TSX: BAM.A)(EURONEXT: BAMA), a leading global alternative asset manager with more than $330 billion of assets under management. For more information, please visit our website at https://bbu.brookfield.com
Media Kerrie Muskens Brookfield Business Partners Tel: +61 2 9322 2753 Email: kerrie.muskens@au.brookfield.com Investor Relations Gwyn Hemme Brookfield Business Partners Tel: +1 416 359 8632 Email: gwyn.hemme@brookfield.com | |