Monday, December 16, 2019

Reliance to divest Jio#39;s tower assets to Brookfield for Rs 25,215cr

Reliance to divest Jio#39;s tower assets to Brookfield for Rs 25,215cr "Further to the earlier disclosures on the subject, Reliance Industrial Investments and Holdings Limited (RIIHL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), has entered into binding agreements with Brookfield Infrastructure Partners L.P. and its institutional partners, for an investment of Rs. 25,215 crore in the units to be issued by the Tower Infrastructure Trust," it said in a stock exchange filing.

from Moneycontrol Business News https://ift.tt/2YOw6Tw

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