Browsing Tag
Brookfield
18 posts
Brookfield agrees $2.9bn Reliance Worldwide takeover after four approaches
Brookfield has agreed a US$2.9 billion takeover of Reliance Worldwide, with a go-shop period leaving room for a higher competing offer.
Reliance Worldwide (ASX: RWC) jumps 7% as Brookfield’s A$4.75 takeover becomes binding
Reliance Worldwide shareholders now have a firm A$4.75-per-share Brookfield proposal after months of negotiations, but a 30-day go-shop process and AustralianSuper’s large stake leave open the possibility that the takeover story is not finished.
Axis Energy wins 552 MWp solar EPC contract for Evren’s Andhra Pradesh hybrid project
Axis Energy has secured EPC work for a 552 MWp Anantapur solar project that forms part of Evren’s larger wind-solar-battery platform designed around peak-period electricity delivery.
La Caisse pays Rs 121bn for 24% of Altius in major India telecom infrastructure bet
Canadian institutional investor La Caisse has completed a ₹121 billion investment for a 24% stake in Altius Telecom Infrastructure Trust, implying a roughly ₹504 billion equity value on the transaction price as global infrastructure capital targets India’s mobile-data and 5G expansion.
Shein finally got its IPO, but the valuation tells a very different story from the one private investors bought
Shein is set to enter Hong Kong’s public market at about $26.5 billion, far below its 2022 private-market peak. The discounted valuation may improve the entry point for new shareholders, but slower growth, weaker margins and up to $3.5 billion of payments linked to earlier preferred shares expose how expensive the company’s long-delayed IPO has become.
TransAlta adds US$1bn Colorado peakers as Alberta power margins tighten
TransAlta’s Q2 cash flow fell, but a US$1 billion Colorado acquisition and data-centre plans could reshape its contracted growth.
NAVER’s $10bn AI factory deal brings NVIDIA capital, but the market is already questioning the payoff
NAVER plans to expand its GAK Sejong AI factory from 55 megawatts to 200 megawatts with NVIDIA and Brookfield backing, creating a major sovereign AI platform while increasing execution, utilisation and shareholder-return pressure.
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
NAVER, NVIDIA and Brookfield plan $10bn Korea AI factory expansion
NAVER stock jumped 16% on the $10B NVIDIA and Brookfield AI factory deal, but NVIDIA's $1B stake depends on NAVER securing $9B in outside financing first.
BlackRock could anchor SpaceX IPO demand as valuation talk reaches $1.75tn
SpaceX may test IPO history. BlackRock’s reported billions could decide whether private-market hype survives public scrutiny.