Brookfield Business Corp (BBU) withdraws Limited Partnership Units from NYSE listing
Rhea-AI Filing Summary
Brookfield Business Corp notified the New York Stock Exchange of the voluntary removal of its Limited Partnership Units from listing and registration pursuant to 17 CFR 240.12d2-2. The Exchange certifies it has complied with the rule and the issuer has followed exchange requirements for voluntary withdrawal.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-37775
Expiration reference: March 31, 2018
Issuer telephone: (212) 417 7000
3 metrics
Commission File Number
001-37775
Form 25 cover information
Expiration reference
March 31, 2018
Expires line on the Form 25 header
Issuer telephone
(212) 417 7000
Issuer principal executive offices contact
Key Terms
Form 25, withdrawal of registration, 17 CFR 240.12d2-2
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
withdrawal of registration regulatory
"voluntary withdrawal of the class of securities from listing and registration"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Brookfield Business Corp's Form 25 filing mean for BBU holders?
It means the company's Limited Partnership Units will be removed from NYSE listing. The filing states the removal is voluntary and that both the Exchange and issuer complied with 17 CFR 240.12d2-2 and applicable exchange rules.
When did the Form 25 notification for BBU expire or reference?
The document includes an expiration reference of March 31, 2018. The filing also cites Commission File Number 001-37775 and confirms the Exchange's procedural compliance for the withdrawal.
Who certified the removal of BBU from the New York Stock Exchange?
The New York Stock Exchange LLC certified the removal and compliance. The notification is signed by Victoria Paper, Manager, Market Watch, on behalf of the Exchange.
Is the Form 25 filing for BBU an involuntary delisting or voluntary withdrawal?
The filing characterizes the action as a voluntary withdrawal. It states the issuer "has complied with its rules of the Exchange" and the Exchange complied with the cited rule for voluntary withdrawals.
Will Brookfield Business Corp still trade after the Form 25 filing?
The filing indicates removal from NYSE listing and/or registration for the Limited Partnership Units. It does not state alternate trading venues or post-withdrawal trading arrangements.