{"id":264353,"date":"2019-03-15T05:22:14","date_gmt":"2019-03-15T05:22:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264353"},"modified":"2019-03-15T05:22:14","modified_gmt":"2019-03-15T05:22:14","slug":"brookfield-to-acquire-rils-east-west-pipeline-for-%e2%82%b913000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brookfield-to-acquire-rils-east-west-pipeline-for-%e2%82%b913000-crore\/","title":{"rendered":"Brookfield to acquire RIL\u2019s East-West Pipeline for \u20b913,000 crore"},"content":{"rendered":"<p>MUMBAI: Canada-based Brookfield Asset Management\u2019s India Infrastructure Trust, an InvIT, is acquiring Reliance Industries Ltd\u2019s (RIL\u2019s) loss-making entity East West Pipeline for \u20b913,000 crore, RIL said on Thursday.<\/p>\n<p>\u201cBrookfield has filed the preliminary placement memorandum, in terms of which India Infrastructure Trust, an InvIT set up by Brookfield as sponsor and 90% investor, will invest \u20b913,000 crore to acquire the East West Pipeline,&#8221; RIL said.<\/p>\n<p>The InvIT will acquire 100% equity interest in Pipeline Infrastructure Private Limited (PIPL) which currently owns and operates the East West Pipeline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Canada-based Brookfield Asset Management\u2019s India Infrastructure Trust, an InvIT, is acquiring Reliance Industries Ltd\u2019s (RIL\u2019s) loss-making entity East West Pipeline for \u20b913,000 crore, RIL said on Thursday. \u201cBrookfield has filed the preliminary placement memorandum, in terms of which India Infrastructure Trust, an InvIT set up by Brookfield as sponsor and 90% investor, will invest \u20b913,000 crore to acquire the East West Pipeline,&#8221; RIL said. The InvIT will acquire 100% equity interest in Pipeline Infrastructure Private Limited (PIPL) which currently owns and operates the East West Pipeline.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-264353","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264353"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264353\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}