Stay updated with breaking news from Cube Highways. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ashoka Concessions, a subsidiary of Ashoka Buildcon, is in talks with global funds including Canada's CDPQ, Macquarie, Cube Highways, and India's NIIF to sell its build-operate-transfer toll road assets. The negotiations come after a proposed transaction with KKR was terminated in May.
Canadian pension fund British Columbia Investment (BCI) has picked up a 4.8% stake in Brookfield’s tower infrastructure investment trust (InvIT) - Data Infrastructure Trust - through a block deal worth approximately Rs 2,000 crore. This is the second time BCI has picked up a stake in the Brookfield tower InvIT.
Canadian pension fund British Columbia Investment (BCI) has picked up a 4.8% stake in Brookfields tower infrastructure investment trust (InvIT) - Data Infrastructure Trust - through a block deal worth approximately Rs 2,000 crore. This is the second time BCI has picked up a stake in the Brookfield tower InvIT.
Actis may place these road assets under an infrastructure investment trust (InvIT) that will also house the six operating highway toll road projects that it bought from Welspun Enterprises Ltd last year
Canadian pension fund manager British Columbia Investment is participating in the Rs 4,033 crore offer for sale of Brookfields stake in Data Infrastructure Trust, an infrastructure investment trust (InvIT) holding telecom tower assets, said sources aware of the development.