Highlights

• Reliance Worldwide (ASX:RWC) received a fourth indicative Takeover proposal from Brookfield valuing the company at A$4.75 per share, or around A$4.1 billion.
• The board granted Brookfield a four-week exclusivity and due-diligence period but has not recommended the proposal.
• FY26 financial performance was weaker, with lower EBITDA, reduced net profit and pressure from tariffs, costs and softer end markets.
• Investors will be watching whether the proposal progresses into a binding scheme and how RWC’s standalone recovery develops.

Reliance Worldwide (ASX:RWC) has moved into takeover focus after Brookfield submitted its fourth indicative proposal for the plumbing-fittings…