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Brookfield to Buy UK Repair Site HomeServe for £4.1 Billion

  • Bid is 71% higher than price shares traded at before approach
  • HomeServe connects consumers with plumbers, handymen
HomeServe provides repair, maintenance and installation services for plumbing, heating and electrical systems to households across the UK, the US and parts of Europe.

HomeServe provides repair, maintenance and installation services for plumbing, heating and electrical systems to households across the UK, the US and parts of Europe.

Photographer: Christopher Furlong/Getty Images 

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Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1 billion ($5 billion), one of the UK’s largest take-private transactions this year.