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Brookfield Infrastructure buys Cincinnati Bell for USD 2.6 bln
2019-12-23 15:01:00| Telecompaper Headlines
(Telecompaper) Brookfield Infrastructure has bought Cincinnati Bell for USD 2.6 billion, including debt. The deal has received unanimous approval from Cincinnati Bell's board of directors but still needs to clear other customary conditions, including company shareholder as well as regulatory approval. It should clear by the end of next year. CEO Leigh Fox said the will enable the company to push its value over the long-term and expand its fibre network and services in Hawaii, Ohio, Kentucky, and Indiana, and across the nation.
Tags: usd
bell
infrastructure
cincinnati
Reliance Jio confirms deal to sell 130,000 towers to Brookfield for USD 3.7 bln
2019-12-16 14:00:00| Telecompaper Headlines
(Telecompaper) India's Reliance Industries has confirmed a deal to sell the towers network of its mobile unit Jio to Brookfield Infrastructure Partners. After a preliminary agreement in June, the companies announced a definitive contract for the acquisition of approximately 130,000 communication towers by Brookfield for USD 3.7 billion (INR 252.15 billion).
Brookfield Snaps Up JPMorgans U.S. Mall Stakes in Multi-Billion Deal
2019-11-13 18:16:00| National Real Estate Investor
The firm has bought JPMorgan Chase & Cos holdings in four U.S. shopping centers in which it previously co-invested.
Brookfield Is in Talks to Sell Florida Resort to Developer Soffer
2019-10-08 20:05:00| National Real Estate Investor
If the sale of the 1,000-room hotel goes through, it would make Jeff Soffer one of the largest convention hotel owners in Florida.
Would Simon, Brookfield Investment in Forever 21 Make Sense for Both Parties?
2019-09-27 15:00:00| National Real Estate Investor
The landlords do have a vested interest in seeing one of todays largest mall anchor tenants survive.
Tags: make
sense
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investment
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