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BROOKFIELD MERGER
Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EVBrookfield Asset Management is set to sell its 550-megawatt solar project in Bikaner, Rajasthan. The deal is valued at an estimated ₹3,000 ...- Brookfield India REIT appoints Shashank Jain as new MD & CEOBrookfield India Real Estate Trust has a new leader. Shashank Jain will take over as Chief Executive Officer and Managing Director on July ...
- Reliance Infratel approves Brookfield merger, to get Rs 11,000 crore in cashThe telco, as a part of largest overseas investment in the infrastructure segment in the country, will receive of Rs 11,000 crore which is ...
- Reliance Communications' Rs 11,000-crore tower deal with Brookfield collapsesRCom's troubles seem far from over despite firefighting measures being initiated by the lenders. The debt-laden company will be shutting do...
- Reliance Communications reworking tower deal with Brookfield“The company is renegotiating the tower transactions with all the interested parties, including Brookfield Infrastructure Group,” RCom said...
- Brookefield calls off Reliance Communications deal after Aircel merger falls throughThe asset management company added that it was being 'patient' in pursuing the RCom deal and 'several other potential opportunities in this...
- Tech Mahindra files petitions against Reliance Communications, subsidiaries over duesReliance Communications, which is reeling under a debt burden of about Rs 46,000 crore, recently called off merger talks with Aircel, citin...
- HSBC maintains underweight recommendation on RComHSBC said it does not expect any material improvement in the company's credit profile in the near term.
- Reliance Communications withdraws tower demerger scheme from NCLTIn a statement Wednesday, the Anil Ambani-owned telco said it will file a fresh scheme of demerger of the towers of Reliance Infratel befor...
- Reliance Communications adds 4 new Board members from its top managementReliance Communications (Rcom) added four of its senior management to its Board on Monday, a day after it decided to call off its merger wi...
- Brookfield may revive RCom deal planCanadian investor Brookfield will still try to salvage its acquisition of RCom towers at a revised price after RCom’s merger talks with Air...
- Brookfield joins race for Vodafone, Idea stakes in Indus TowersIndus is a three-way JV between Vodafone, Bharti Infratel and Idea. Voda and Bharti own 42% each while Idea owns 11.15%. US' Providence own...
- Reliance Communications spurts 16% as NCLT admits merger petitionRCom’s merger proposal with Aircel has already received approvals from Sebi, CCI, BSE and NSE.
- NCLT to decide on RCom-Aircel merger on August 14The merger could set the ball rolling for a sale of RCom’s stake in its tower unit to Canada’s Brookfield. Together, the deals could reduce...
- CCI approves sale of Reliance Infratel's towers to Brookfield"A company which is a part of the Brookfield Infrastructure Group, will acquire 100% of Towercom Infrastructure Private Ltd.,” the company ...
- Reliance Communications to finalise 3 deals, including merger with Aircel, by mid-2017The Anil Ambani-led telecom company agreed to sell a 51% stake in Reliance Infratel, the company’s tower unit, to Canada’s Brookfield Group...
- RCom demerges towers into Towercom Infrastructure; to be wholly owned by BrookfieldThe move comes a day after the Anil Ambani led telco signed a deal with Brookfield Group to sell a 51% stake in the telecom company’s tower...
- Reliance Communication signs binding pact with Brookfield for $1.6 bn tower stake saleAs per the agreement Anil Ambani owned firm will enjoy certain information and other rights, but will not be involved directly or indirectl...
- Brookfield set to buy majority stake in Reliance Communication towers; Anil Ambani to stay on as minority partnerSources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 ...
- Brookfield Asset Management eyes Reliance Communications’ tower companyRCom, the country’s fourth-largest telco, has been seeking to pare its mammoth debt, pegged at Rs 42,000 crore.
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