Reliance Industries (RIL) said that Canada’s Brookfield Asset Management will invest ₹25,215 crore (about $3.7 billion) in the former’s Tower Infrastructure Trust. Proceeds from the investment by Brookfield will be used to repay certain existing financial liabilities of RJIPL and acquiring the balance 49% of equity share capital of RJIPL, currently held by RIL

(Dealstreet Asia)