The enterprise value of the transaction is Rs 9,005.7 crore together with the earn outs and is subject to any adjustments as stipulated in the definitive agreements translating to an equity value of Rs 2,902 crore (including cash) on invested equity of Rs 1,740 crore.
Major boost to roadways! Highway Infrastructure Trust expands reach with Rs 9,005.7 crore acquisition of 12 road projects financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Highway Infrastructure Trust inks pacts to acquire 12 road projects for Rs 9,005 cr businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.
PNC Infratech Ltd and PNC Infra Holdings Ltd (PNC Infra), a wholly-owned subsidiary of PNC Infratech Ltd, have executed definitive agreements with Highways Infrastructure Trust (HIT), an Infrastructure Investment Trust (InvIT) whose sponsor is .