Reliance’s East-West Pipeline to be acquired by Brookfield for 13,000 crore

Brookfield Asset Management has said that its India Infrastructure Trust (InvIT) will invest Rs 13,000 crore to acquire Reliance Industries-owned East West Pipeline. The loss-making East West Pipeline was earlier called Reliance Gas Transportation Infrastructure Ltd. Mukesh Ambani-owned Reliance informed stock exchange late on Thursday that Brookfield has filed the preliminary placement memorandum in terms … Continue reading Reliance’s East-West Pipeline to be acquired by Brookfield for 13,000 crore