 "reliance industries, RIL")
Reliance Industries (RIL) on Friday said that Reliance Industrial Investments and Holdings had signed an agreement with BIF IV Jarvis India Pte, a unit of Brookfield Asset Management, for an investment by Brookfield (along with co-investors) for Rs 25,215 crore in units issued by the Tower Infrastructure Trust.
Brookfield will buy 100 per cent units issued by the Trust, which, in turn, owns 100 per cent equity of Reliance Jio Infratel (RJIPL), the operating company for Jio’s tower assets.
RIL Chief Financial Officer V Srikanth said, “Brookfield is bringing in Rs 25,215 crore and will own 100 per cent of
