L&T Infra Development: Edelweiss Alt completes acquisition of L&T Infra Development Projs for Rs 6,000 cr

Edelweiss Alternatives has completed a Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), a joint venture owned by L&T and Canada Pension Plan Investment Board. The acquisition will give Edelweiss 100% ownership in the joint venture, which will include seven road assets and a 960 circuit km power transmission line.

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