E-PaperBrookfield Asset Management News
Brookfield acquires Jet Airways' BKC office space for ₹490 cr
The proceeds from the sale will be utilised as per the directions of NCLT, Delhi, Principal Bench in its order dated 11 June, the company said
1 min read27 Jun 2020Suzlon scraps ₹8,500-cr debt repayment offer as Vestas backs out
The wind-turbine maker has been struggling since 2017 after Modi’s govt shifted to auctions as the preferred method to install wind projectsThe stock, which has plummeted about 40% this year, is set to close at the lowest level since listing
1 min read6 Sep 2019Canada's Brookfield to infuse ₹25,215 crore into RIL's tower arm
Proceeds from the investment will be used to repay certain existing financial liabilities of Reliance Jio lnfratelThis is the single largest foreign investment in an Indian infrastructure vehicle, RIL said
1 min read19 Jul 2019Debt-laden Suzlon may be an attractive bet for Canadian asset manager Brookfield
Suzlon’s O&M services business is probably the biggest attraction for BrookfieldSuzlon's ownership of land parcels is another asset that a buyer will see value in
3 min read18 Jul 2019Investors await Suzlon bond payout in year of defaults
Suzlon Energy Ltd must repay $172 million outstanding on such securities that were issued as part of a debt restructuringSome traders in Suzlon’s bonds are pinning their hopes on a proposed acquisition of the embattled company by Brookfield
1 min read15 Jul 2019Deals Buzz: Brookfield and Reliance may ink tower deal soon
In other news, buyout firm TPG Capital and Manipal Hospitals are close to completing the acquisition of Dr Naresh Trehan’s Medanta chain of hospitals in one of the largest acquisitions in the Indian healthcare industry
3 min read12 Jun 2019Canada’s Brookfield looks to acquire Mytrah Energy
Stake sale could be valued at more than $1 billion, reaching up to nearly $1.5 billionThe deal will also be largest transaction in the Indian renewable space in terms of size of the portfolio
2 min read22 Apr 2019Brookfield to acquire RIL’s East-West Pipeline for ₹13,000 crore
The InvIT will acquire 100% equity interest in PIPL which currently owns and operates the East West PipelineBrookfield has filed the preliminary placement memorandum, in terms of which India Infrastructure Trust will invest ₹13,000 crore
1 min read14 Mar 2019Among EMs, India one of our favourite markets, says Brookfield’s Anuj Ranjan
Canadian investment firm to deploy significant capital depending on availability of right opportunitiesBrookfield has so far dabbled in real estate, infrastructure and power sectors in the country
2 min read5 Mar 2019Brookfield eyes warehousing, rental housing to expand India realty portfolio
The company is exploring more options in the real estate sector to expand its portfolio beyond commercial office spaceBrookfield is currently in the final leg of acquiring Hotel Leelaventure's hotel assets in India for about Rs. 4,500 crore
2 min read5 Mar 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared