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.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.