Ledger. Australian venture funding, tracked

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Brookfield Agrees to Acquire Reliance Worldwide Corporation

Brookfield's private equity arm has signed an all-cash deal to take over ASX-listed plumbing products maker Reliance Worldwide, valuing it near US$2.8 billion; completion expected in early 2027 pending shareholder and regulatory approvals.

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Series B $34m

ENA Respiratory Attracts US$22.4m (AU$34m) to Fund Phase II Development of INNA-051 Nasal Spray Designed to Protect Against Symptomatic Viral Respiratory Infections

Australian biotech ENA Respiratory has closed a US$22.4 million (A$34 million) Series B with the Gates Foundation, Flu Lab and existing backers, funding Phase II trials of its antiviral nasal spray.

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