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Brookfield Weighing Stake Sale in Indian Tower Business, Sources Say

  • Canadian investor working with adviser on potential deal
  • Stake sale would help satisfy regulatory requirements

Brookfield Infrastructure Partners is considering the sale of a minority stake in its telecommunications tower business in India, according to people familiar with the matter.

The Canadian investment firm is working with an adviser to sell a stake of more than 10% in the infrastructure investment trust that holds Summit DigiTel, the people said, asking not to be identified because the matter is private. A deal would satisfy regulatory requirements around the so-called InvIT structure, the people added.