CCMP Capital Advisors LP (CCMP) entered into a definitive agreement to acquire Brookfield Global Integrated Solutions Canada LP (BGIS) from Brookfield Business Partners L.P. (NYSE:BBU) and other shareholders for approximately $1 billion on March 11, 2019. Sale proceeds to Brookfield Business Partners L.P. for its 26% ownership interest in BGIS will be approximately $180 million, after taxes. The Chief Executive Officer of BGIS, Gordon Hicks, and the management team will remain in place. The transaction is subject to customary closing conditions. As of March 22, 2019, the Federal Trade Commission granted early termination notice for the transaction. The transaction is expected to close in the second quarter of 2019. David Blittner, Laura Steinke, Jay Kim, Alexandra Alperovich, Elaine Murphy, Adam Greenwood, Gregg Weiner, Ryan Rohlfsen , Michael Littenberg, Sam Levitt, Dee Kuchukulla, Carl Ruggiero, Jason Shin and Peyton Oosterman of Ropes & Gray LLP, McCarthy Tétrault LLP and Clayton Utz acted as legal advisors to CCMP. Morgan Stanley acted as financial advisor to CCMP. Citigroup Global Markets, CIBC Capital Markets and TD Securities acted as financial advisors while David Weinberger, Evan Marcus, Dan Glavin, Laura von Heynitz, Tracey Thornton, Taylor Robertson, James Sifakis, Frank Mathieu, Adam Drori, Craig Mitchell, Howard Rosenoff, Mike Kilby, Lorna Cuthbert, Khalfan Khalfan, Natasha vandenHoven, Allyson Marta, Justine Whitehead, Jessica Rutledge, Larry Cobb and Neil Shapiro of Stikeman Elliott and MinterEllison acted as legal advisors for Brookfield Business Partners. Kenneth Schwartz, Page Griffin, Jessica Hough, Mike Keskey, Michael Leiter, Joe Molosky, Joshua Rabon, Nancy Rubin, Rita Sinkfield Belin, Victoria Smallwood and Robert Stevenson of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisors to Brookfield Business Partners L.P. Borden Ladner Gervais LLP acted as a legal advisor to CCMP Capital Advisors, LP and to Brookfield Business Partners L.P.