Brookfield to buy Reliance's gas pipeline for â¹14,000 crore
Canadian asset manager Brookfield Asset Management is set to buy loss-making East West Pipeline, earlier known as Reliance Gas Transportation Infrastructure, in a â¹14,000 crore deal. The transaction was approved by the Competition Commission of India (CCI) last week. The pipeline is being transferred to a wholly owned subsidiary of Mukesh Ambani and family's Reliance Industries Holding. 