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Home»Tag: 51%

Tag Archives : 51%

RCom to sell 51% in tower biz to Canadian firm for Rs 11,000 crore
Business

RCom to sell 51% in tower biz to Canadian firm for Rs 11,000 crore

Saheli 15 Oct 2016 18 Views

Debt laden Reliance Communications Ltd (RCom) of the Reliance Anil Dhirubhai Ambani Group has signed a non-binding term sheet for the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore. Under the term sheet, ... Read More »

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