Deal AnalysisM&A and Private EquityBrookfield’s A$4.1 Billion SharkBite Bet Reportedly Goes Binding as a 30-Day Go-Shop OpensBrookfield’s pursuit of Reliance Worldwide—the plumbing-products company behind SharkBite, HoldRite, Cash Acme and John Guest—has reportedly moved into a binding phase at A$4.75 per share. The bigger contractor story is what the proposed A$4.1 billion valuation says about the value of brands, distribution, manufacturing and pricing power in the plumbing supply chain.TradeVulcan Dispatch Editorial Desk15 min