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Reliance Infra share rises 4.8% on completion of Delhi-Agra toll road sale to Cube Highways - Vimarsana News

Reliance Infra share rises 4.8% on completion of Delhi-Agra toll road sale to Cube Highways

Reliance Infra share rises 4.8% on completion of Delhi-Agra toll road sale to Cube Highways In a regulatory filing, Reliance Infrastructure Ltd said it has completed the sale of its 100 per cent stake in DA Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore BusinessToday.In | January 1, 2021 | Updated 16:40 IST Stock of Anil Ambani led-Reliance Infra gained over 4.8% to hit the day's high of Rs 28.15 on BSE Reliance Infra share price rose 4.8% on Friday after the company announced the completion of the sale of its Delhi-Agra (DA) toll road t...

China: IL&FS to sell Chinese road asset for Rs 2074 crore - Vimarsana News

China: IL&FS to sell Chinese road asset for Rs 2074 crore

Synopsis IL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the balance 51%. Agencies PingAn emerged highest bidder and bid $281 million for 100% stake in CYEC. Mumbai: Troubled infrastructure financier Infrastructure Leasing and Financial Services will sell its Chinese road asset for nearly Rs 2074 crore to PingAn Insurance (Group) Company of China, two people familiar with the development said. This sale will help resolve debt worth Rs 2500 crore. The group has also received approval from Supreme Court Justice...