ºÃÉ«tv

Brookfield has made an unsolicited, non-binding, indicative proposal including a cash offer of A$4.75 per RWC share.

Reliance says the proposal is up from earlier offers by Brookfield of A$4.15, A$4.25 and A$4.50 cash per RWC share. 

The Australian company says it has entered a process with Brookfield and agreed to exclusivity restrictions as it works with it on terms of a deal.

However, Reliance cautioned there was no certainty the proposal would result in a deal and recommended shareholders take no action in relation to the offer.

This report by ºÃÉ«tvwas first published Aug. 18, 2026.

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