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More queue up in SC to recover dues from Anil AmbaniA group of minority investors of Reliance Infratel led by HSBC Daisy Investments has now moved SC.- Top stocks in focus on Friday, 23 June 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
- Global PEs back Reliance Communications' plan to sell stake in tower arm to BrookfieldLast October, RCom had inked a non-binding pact with Brookfield Infrastructure Group to sell a majority 51% stake in Reliance Infratel for ...
- 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 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...
- 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...
- 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.
- RCOM to sell tower, optic fibre biz to PE firms for Rs 30,000 croreRCOM intends to utilise the proceeds of the proposed transaction to reduce its debt, which is estimated at about Rs 40,000 crore.
- Former Orange boss Sanjiv Ahuja teams up with TPG, frontrunner to buy Reliance Communications’ towersSanjiv Ahuja, backed by private equity buyout group TPG Capital, has emerged the frontrunner in the race to buy Reliance Infratel.
- Reliance Communications likely to announce stake sale in Reliance InfratelThe sale of RCOM’s stake in Reliance Infratel to a private equity player would likely mark its complete exit from the telecom tower busines...
- Reliance Communications set to announce tower stake sale, valued at Rs 22,000 crore: Sources"The deal will be announced within a couple of days, and will value Infratel at around Rs 22,000 crore," one of the people said.
- Reliance Communications on course to exit from telecom tower business“Final binding bids and financial commitment and closure of the deal is, therefore, expected to be in another two weeks from then, around O...
- American Tower Corporation, private equity firms on Reliance Communications shortlist for Reliance Infratel stakeWhile RCom didn’t name any of the shortlisted bidders, it said that it had received indicative non-binding bids from a number of interested...
- American Tower, Carlyle lead race for Reliance Infratel majority; bids value firm at up to Rs 24,000 croreAmerican Tower & Carlyle are among the top initial bidders seeking to acquire a 51% stake in Reliance Infratel, people familiar with the ma...
- Anil Ambani-owned Reliance Communications looks to sell 51% stake in Reliance InfratelReliance Infratel, with some 45,000 towers and over 120,000 km of intra- and inter-circle fibre, trails Indus Towers and Bharti Infratel.
- R-Com, private equity investors spar over Reliance Infratel's valuationThe PE investors want to sell their less than 4% stake in Reliance Infratel back to the promoter because they oppose its merger with anothe...
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