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The enterprise value of the properties is Rs 6,000 crore. Bharti has become the second largest unitholder in BIRET, with an ownership stake of 8.53 percent
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The transaction is subject to regulatory approvals and expected to close in the second half of 2024.
Canada-based Brookfield will acquire the Indian business of American Tower Corporation (ATC) for an enterprise value of $2 billion, a release said on Friday. The transaction is subject to regulatory approvals and expected to close in the second half of 2024. 'Data Infrastructure Trust (DIT), an Infrastructure Investment Trust sponsored by an affiliate of Brookfield Asset Management, today announced the signing of an agreement with ATC to acquire 100 per cent of equity interests in American Tower's operations in India (ATC India), for an enterprise value of Rs 16,500 crore ($2 billion) which is...
India's Reliance Industries said it would invest up to Rs 1,000 crore in building data centres in the country along with Canada-based Brookfield Infrastructure.