Brookfield to acquire RIL’s East West Pipeline for $1.87b

Labourers rest in front of an advertisement of Reliance Industries Limited at a construction site in Mumbai, India, March 2, 2016. REUTERS/Shailesh Andrade/Files

Canada-based Brookfield Asset Management’s India Infrastructure Trust, an InvIT, is acquiring Reliance Industries Ltd’s (RIL’s) loss-making entity East West Pipeline for ₹13,000 crore, RIL said on Thursday.

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