Reliance Industries may sell Jio infra assets to reduce debt

MUMBAI: Brookfield Asset Management, one of the world’s top infrastructure and private equity investors, is in early talks to buy controlling shares in Reliance Jio’s telecom towers and fibre assets valued at over $15 billion (Rs 1.07 lakh crore), people directly aware of the matter said. The deal, if it happens, would be the largest private equity action, besides being one of the largest M&As in India.