Brookfield plans to continue gauging investor demand for three more weeks before proceeding with a retail offer, the person said Brookfield Asset Management Inc. is pushing to list a real estate investment trust in Mumbai before the end of this year, which could raise as much as Rs 38 billion ($513 million), according to people […]
Brookfield, CPPIB, NIIF in race to buy Mahindra’s 600MW solar assets
Mahindra has received offers from six financial investors including Brookfield, Edelweiss, CPPIB and NIIF. It will be shortlisting three bidders for the final round of negotiations Brookfield, Canada Pension Plan Investment Board (CPPIB), National Investment and Infrastructure Fund (NIIF) and Edelweiss Yield Plus Infrastructure Fund are among half a dozen investors in discussions to acquire […]
Brookfield may invest upto $700 million in Tata Power renewable InvIT
N Chandrasekaran, chairman, Tata group told the shareholders at the recent annual general meeting that the company would reduce its gross debt to Rs 25,000 crore from Rs 48,000 crore Canadian fund Brookfield Renewable Partners is in talks to invest up to $700 million in the renewable power investment trust (InvIT) of Tata Power Company […]
OMERS, Actis Llp, Brookfield bid to buy SoftBank’ stake in SB Energy
CPPIB also expected to submit offer before bid submission deadline. Bank of America and Barclays are running the stake sale process. SBG Cleantech is a JV between SoftBank and Bharti Enterprises, in which the former holds 80% stake NEW DELHI: Canadian pension fund Ontario Municipal Employees’ Retirement System (OMERS), private equity fund Actis Llp […]
Brookfield Picks Banks for $500 Million REIT IPO in India
A listing in Mumbai could happen as soon as end of this year REIT listings are picking up in India after change in rules Brookfield Asset Management Inc. has picked banks for an initial public offering of its India real estate investment trust that could raise at least $500 million, according to people familiar […]
Brookfield in talks to acquire Piramal Enterprises’ $300 mn renewable loans
Piramal plans to sell loans in the face of financial pressure following the pandemic Mumbai: Piramal Enterprises is in talks to sell $300 million (Rs 2,200 crore) of loans advanced to three renewable energy companies to Brookfield Asset Management, two people with direct knowledge of the matter told ET. Canada-based Brookfield plans to build a […]
Tatas object to Shapoorji Pallonji Group plan to pledge stake
Pallonji Mistry and sons Shapoor Mistry and Cyrus Mistry, who together control the diversified SP Group, have tapped Canadian investor Brookfield for a mega $2-2.5 billion funding facility using part of its stake in Tata Sons as collateral. Mumbai: Tata Sons and its estranged minority shareholder Shapoorji Pallonji (SP) Group have clashed once again with the former […]
Brookfield in talks to invest $800 million in ReNew Power
Deal could offer partial exit to Goldman Sachs that owns 48% stake in green energy company. Goldman Sachs, a backer of the company since 2011, has invested about $370 million in ReNew Power through 2013 and 2014. Founded in 2011 by Sumant Sinha, t… MUMBAI: Canadian asset management firm Brookfield is in talks to […]
Debt-laden Suzlon may be an attractive bet for Canadian asset manager Brookfield
Suzlon’s O&M services business is probably the biggest attraction for Brookfield Suzlon’s ownership of land parcels is another asset that a buyer will see value in MUMBAI: India’s largest wind turbine maker Suzlon Energy Ltd, once a darling of the stock markets, defaulted on payments to bondholders earlier this week, thus again leading the company […]
Brookfield may buy controlling stake in debt-ridden Suzlon Energy
Deals Buzz: Brookfield may buy controlling stake in debt-ridden Suzlon Energy In other news, Byju’s, India’s most valued ed-tech company, raised $150 million in its latest round of funding led by Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms […]