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"The transaction is one of the largest acquisitions in the highways sector. Annuity nature of cashflows from the Target Portfolio would provide further stability to our existing portfolio. This investment is in line with our thesis of acquiring assets with long balance concession life generating predictable distributions for our unitholders," said Gaurav Chandna, head - strategic finance at Highway Concessions One. ....
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.
The Board of Directors of H.G. Infra Engineering Limited has approved the Company entering into a share purchase agreement with Highway Infrastructure Trust for sale of stake in 4 subsidiaries. ....