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BRIEF-Reliance Communications says CCI approves proposed sale of tower division of Reliance Infratel
March 23, 2017 / 5:03 AM / 9 months ago

BRIEF-Reliance Communications says CCI approves proposed sale of tower division of Reliance Infratel

March 23 (Reuters) - Reliance Communications Ltd

* CCI approves proposed sale of tower division of reliance infratel limited to brookfield infrastructure group

* Rapid Holdings 2 Pte. Ltd., a co which is a part of the Brookfield Infrastructure Group will acquire 100% of Towercom Infra

* Says post closing, the company will receive ‘B’ class non-voting shares in towerco Source text - (bit.ly/2npNYTP) Further company coverage:

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