Brookfield Capital Partners LLC has lifted its cash offer for Reliance Worldwide Corporation to A$4.75 a share, valuing Australia's largest plumbing supplies company at an equity value of about A$3.55 billion and an enterprise value of A$4.1 billion ($2.91 billion). The latest approach is Brookfield's fourth unsolicited, non-binding, indicative proposal since April, after earlier offers at A$4.15, A$4.25 and A$4.50 a share. A signed process deed gives Brookfield exclusivity from August 17 to September 15, preventing Reliance from soliciting or discussing rival bids or sharing information with other potential buyers during that period. If the parties sign a scheme implementation deed, Reliance would then have 30 days to seek superior proposals. Goldman Sachs and Oaktower Partnership are advising Reliance, whose board has not yet made a recommendation to shareholders.