Brookfield to lead $3.7b investment in Reliance India telecom unit
A consortium led by Brookfield Asset Management has agreed to invest INR252 billion ($3.66 billion) in the telecommunication tower unit of India’s Reliance Industries. It is said to be the largest foreign investment in an Indian infrastructure asset to date.
Brookfield is investing via its fourth global infrastructure fund, which launched last year with a reported target of $20 billion and had raised $14.5 billion as of June, according to a regulatory filing....
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