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Both L&T (51 per cent) and CPP Investments (49 per cent) stakes have been acquired by Epic Concesiones Private Limited, an investee company of Edelweiss Infrastructure Yield Plus Strategy, managed by Edelweiss Alternative Asset Advisors Limited (EAAA). ....
Engineering major Larsen & Toubro (L&T) has announced the completion of the divestment of L&T Infrastructure Development Projects Limited (LTIDPL), a joint venture of Larsen & Toubro Limited and Canada Pension Plan Investment . ....
Infrastructure Yield Plus strategy has completed the acquisition of a 100 per cent stake in L&T Infrastructure Development Projects Limited (L&TIDPL). Larsen & Toubro had 51 per cent while Canada Pension Plan Investment Board (CPP Investments) had a 49 per cent stake in L&TIDPL. ....