Leela Palaces plans biggest hotel IPO in history at Rs 5,000cr

Pallavi Madhiraju- September 20, 2024

Luxury hotel group Leela Palaces, Hotels and Resorts, owned by Canadian investment giant Brookfield Asset Management, is gearing up for a groundbreaking Rs 5,000 crore ... Read More

Brookfield-led consortium seals $2.5bn deal to acquire American Tower’s India operations

Pallavi Madhiraju- September 12, 2024

A consortium led by Brookfield Asset Management has completed the acquisition of American Tower Corporation's operations in India for a staggering $2.5 billion. This acquisition, ... Read More

IFC commits $105m investment in Brookfield’s solar project in Rajasthan

Pallavi Madhiraju- June 18, 2024

The International Finance Corporation (IFC), part of the World Bank Group, has committed $105 million to support a significant solar power project in Bikaner, Rajasthan, ... Read More

Brookfield set to acquire majority stake in renewable giant Neoen in strategic shift

Pallavi Madhiraju- June 1, 2024

In a strategic move within the renewable energy sector, Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM), along with its institutional partners including Brookfield Renewable ... Read More

IndoStar Capital Finance secures funding to fuel growth in core markets

Pallavi Madhiraju- February 27, 2024

IndoStar Capital Finance Limited (IndoStar), a distinguished player in the non-banking financial sector, has made a significant announcement that underscores its robust growth trajectory and ... Read More

American Tower agrees to $2.5bn sale of ATC India to Data Infrastructure Trust

Pallavi Madhiraju- January 7, 2024

American Tower Corporation (NYSE: AMT) has signed a definitive agreement to sell its Indian operations, ATC India, to Data Infrastructure Trust (DIT), affiliated with Brookfield ... Read More

Markum Solar Farm in Texas to power US operations of Colgate-Palmolive

Pallavi Madhiraju- September 17, 2023

As part of Climate Week NYC, Colgate-Palmolive has declared a landmark 20-year virtual power purchase agreement (VPPA) with the 209MW Markum Solar Farm, located just ... Read More

Reliance Industries, Brookfield sign MoU to boost Australia’s renewable energy sector

Pallavi Madhiraju- August 1, 2023

Brookfield Asset Management and India's largest private sector enterprise, Reliance Industries, have made a landmark agreement, signing a Memorandum of Understanding (MoU), aimed at bringing ... Read More

Brookfield Reinsurance and American Equity seal $4.3bn acquisition deal

Pallavi Madhiraju- July 5, 2023

Brookfield Reinsurance has announced a definitive agreement to acquire all remaining shares of common stock in American Equity Investment Life (AEL), in a cash and ... Read More

American Equity gets $4.3bn acquisition proposal from Brookfield Reinsurance

Pallavi Madhiraju- June 27, 2023

American Equity Investment Life (NYSE: AEL), an issuer of fixed index annuities, confirmed today that it has received a $4.3 billion worth acquisition proposal from ... Read More