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CDPQ, Actis vie for Ashoka Concession's BOT road assets

Ashoka Buildcon holds 66% stake in Ashoka Concessions, with SBI Macquarie holding the rest. SBI Macquarie had invested Rs 800 crore in Ashoka Concessions in 2012 through Macquarie-SBI Infrastructure Fund. Once the deal is materialised, SBI Macquarie will get an exit, receiving about ₹1,200 crore. ....

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bot: Ashoka concessions restarts talks to sell BOT toll road assets

Ashoka Concessions, a subsidiary of Ashoka Buildcon, is in talks with global funds including Canada s CDPQ, Macquarie, Cube Highways, and India s NIIF to sell its build-operate-transfer toll road assets. The negotiations come after a proposed transaction with KKR was terminated in May. ....

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