Brookfield seals $2.5-billion all cash deal to acquire ATC IndiaThe acquisition after months of negotiations marks the Boston-based independent tower company’s exit from India. ATC had informed the US Se...
06 Jan, 2024, 10.10 AM IST
Brookfield Properties leases 3.5 lakh sq office space at Equinox Business ParkThe company has leased the space to Boston-headquartered State Street Corporation, US conglomerate Hasbro, American-Canadian digital media ...
10 Jul, 2020, 03.08 PM IST
Reliance Industries may sell Jio infra assets to reduce debtJio plans to take certain infrastructure assets out of the balance sheet as part of the de-leveraging exercise.
08 Feb, 2019, 10.39 AM IST
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...
04 Nov, 2017, 12.38 AM IST
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...
05 Oct, 2017, 09.02 AM IST
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...
01 Oct, 2017, 11.34 PM IST
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...
13 Sep, 2017, 04.52 PM IST
NSR’s Chachondia may helm Brookfield’s tower businessLate December, Brookfield had agreed to buy 100% equity in TowerCom Infrastructure, the SPV in which RCom has hived off its telecom towers.
08 Aug, 2017, 12.18 AM IST
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...
14 Feb, 2017, 12.03 AM IST
Ex-Viom chief Syed Safawi may head Brookfield Asset’s tower venture in IndiaSafawi is likely to assume the reins as the managing director and CEO of the Canadian asset manager’s tower infrastructure special purpose ...
20 Jan, 2017, 01.07 AM IST
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...
22 Dec, 2016, 10.05 PM IST
RCom rating on review for downgrade despite tower deal: Moody'sThere is still a lack of clarity on the cash flow generating capabilities of some of RCom's remaining businesses -- namely the enterprise a...
22 Dec, 2016, 02.39 PM IST
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...
21 Dec, 2016, 02.20 PM IST
Brookfield set to seal Rs 11,000 crore RCom tower deal this weekThe Canadian fund manager, the second biggest alternate asset manager in the world, will acquire a 51% stake in the SPV while RCom will hav...
21 Dec, 2016, 12.03 AM IST
Reliance Com signs term sheet with Brookfield to sell 51% stake in tower unit for Rs 11,000 crRCOM and Brookfield expect considerable growth in tenancies based on increasing 4G offerings by all telecom operators, and the fast acceler...
20 Oct, 2016, 04.16 PM IST
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 ...
09 Sep, 2016, 07.17 AM IST
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.
09 Jul, 2016, 04.51 AM IST