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India's IndInfravit to buy five road projects from Brookfield in $1.2 bln deal

India's IndInfravit to buy five road projects from Brookfield in $1.2 bln deal

reuters.com · 06/10/2022 09:02
India's IndInfravit to buy five road projects from Brookfield in $1.2 bln deal

- India's infrastructure investment trust Indinfravit Trust INNF.NS said on Friday it would acquire five operational road projects from companies owned by funds managed by Canada's Brookfield Asset Management in a deal valued at about $1.2 billion, including debt.


(Reporting by Nallur Sethuraman in Bengaluru; Editing by Vinay Dwivedi)

((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))