TELECOM MINISTRY APPROVES Brookfield’s $3.4 BILLION PURCHASE OF RELIANCE TELECOM TOWER ASSETS

Highlights

• The Union Finance Ministry, Union Home Ministry and the Reserve Bank of India (RBI) had previously given their approval in the month of July

• According to the statement given by Mukesh Ambani in July, 2019, the proceedings of this deal will be utilized ...

SOFTBANK WANTS TO SELL SBG CLEANTECH STAKE

HIGHLIGHTS

• SoftBank is planning to sell its stake SBG Cleantech.
• SBG Cleantech intends to raise around $ 500 Million through a dollar bond.
• Bank of America and Barclays are running the stake sale and bond raise process for SBG Cleantech.