US-based Brookfield Asset Management emerged as serious bidder for Reliance Infratel: Report
Brookfield Asset Management, a US-based private equity firm, has reportedly emerged as a serious bidder to buy Anil Ambani-led Reliance Communications' stake in its tower unit, Reliance Infratel, following Sanjiv Ahuja-led Tillman Global Holdings' failure to find a suitable financier for the telco's tower assets, Economic Times reported citing multiple sources. Reliance Infratel is 96 per cent owned by RCom, while minority and institutional investors such as George Soros' Quantum... Read More