Brookfield gets India's nod for $3.4b purchase of Reliance's telecom tower assets

Brookfield gets India's nod for $3.4b purchase of Reliance's telecom tower assets

REUTERS/Danish Siddiqui

India’s government has approved Brookfield Asset Management Inc.’s proposal to acquire a 252 billion rupees ($3.4 billion) stake in a trust that manages the wireless infrastructure of the nation’s biggest mobile-phone service provider, people with knowledge of the matter said.

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