Brookfield, BCI, GIC sell 7.3% unitholding in Altius InvIT for ₹3,656 crore
New Delhi, Brookfield, BCI and Singapore’s sovereign wealth fund GIC have divested a 7.3% unitholding in Altius Telecom Infrastructure Trust for ₹3,656 crore through open market transactions, according to bulk deal data on the BSE.
The transactions, executed on Tuesday, involved the sale of more than 22.15 crore units, representing a 7.27% unitholding in Mumbai-based Altius Telecom Infrastructure Trust (Altius InvIT).
Brookfield through its affiliate BIF IV Jarvis India Pte Ltd, sold 13.75 crore units in Altius InvIT in four tranches, while GIC’s arm Anahera Investment Pte Ltd offloaded nearly 5.53 crore units in the firm.
