Tuesday, August 13, 2019

CDPQ in exclusive talks to buy GIP’s Highway Concessions One road portfolio

CDPQ in exclusive talks to buy GIP’s Highway Concessions One road portfolio The sale of the road assets to CDPQ could fetch up to Rs 3,000 crore in enterprise valuation. The HC1 portfolio, comprising seven road assets - five toll roads and two annuity roads - is spread across seven states and generates a consolidated revenue of Rs 620 crore

from Moneycontrol Business News https://www.moneycontrol.com/news/business/cdpqexclusive-talks-to-buy-gip’s-highway-concessions-one-road-portfolio_12892581.html

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