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Brookfield: $2.5bn Acquisition of American Tower Unit Explained

Brookfield Asset Management, a Canadian firm, is set to acquire American Tower Corporation’s operations in India for $2.5 billion.

Bruce Flatt, Chief Executive Officer of Brookfield Asset Management (BAM), poses in front of the company's logo in Tokyo, Japan. PHOTO: REUTERS/Hideyuki Sano
Bruce Flatt, Chief Executive Officer of Brookfield Asset Management (BAM), poses in front of the company’s logo in Tokyo, Japan. PHOTO: REUTERS/Hideyuki Sano

This deal will make Brookfield the largest operator of telecom towers in the country, surpassing Indus Towers.

Brookfield has been expanding its presence in the Indian market, with this being its third acquisition

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