COLOMBIA > Canada’s Brookfield acquires Isagen for $2 Billion

Brookfield_Asset_Management_logo.svg Canada based PE Firm-Brookfield acquires Colombia based power generator Isagen for 6.5 trillion pesos ($2 billion). According to Bloomberg Brookfield initially presented a bid of 4,130 pesos ($148.59) per share which was enough to meet the government set target for the acquisition.   About Isagen Isagen is a utility company that engages in the generation and sale of electrical energy More …

INDIA > Canada’s Brookfield Group to buy 51% stake in Reliance Infratel for $1.6 bn

brookfield-logo Canada based Brookfield Group to buy 51% stake in Reliance Communication’s subsidiary Reliance Infratel for Rs. 11,000 crores ($1.6 bn.). Reliance Infratel is Reliance communications tower unit. The transaction will now be subjected to approvals by shareholders, regulator and lenders. After the all-cash deal is completed, Brookfield Infrastructure will manage and demerge Reliance Infratel into a separate new company making More …