Edelweiss Alternatives’ Infrastructure Yield Plus acquired L&T Infrastructure Development Projects (L&TIDPL), which includes seven operational roads and one power transmission asset in India. Larsen &...
IKAV, VTTI buy majority stake in Italy’s biggest LNG terminal
Dutch infrastructure group VTTI and German asset manager IKAV have teamed up to buy a majority stake in Italy’s biggest liquefied natural gas terminal, VTTI said on Wednesday. Under the deal, ExxonMobil will sell...
Ferrovial subsidiary Cintra to acquire 24% stake in IRB Infra Trust from GIC
Transport infrastructure developer Cintra, a subsidiary of Spanish infra group Ferrovial, will acquire a 24% stake in IRB Infra Trust from GIC affiliates, IRB Infra said in a statement on Thursday. Cintra has entered...
Salasar Techno Engineering board approves Hill View Infrabuild merger with itself
EPC company Salasar Techno Engineering Ltd (STEL) on Saturday said its board has a proposal to merge Hill View Infrabuild Ltd with itself. A decision in this regard was taken at a board meeting of the company on...
Fairfax India acquires additional 7% stake in Bengaluru airport
Fairfax India Holdings Corp., led by Canadian billionaire Prem Watsa, has acquired an additional 7% share in Bangalore International Airport Ltd from Siemens Project Ventures GmbH, a division of Siemens Financial...
GQG Partners bets Rs 1,672 crore on GMR Airports, acquires 4.7% stake
Upping its bet on India’s infrastructure story, GQG Partners bought close to 5% stake in GMR Airports Infrastructure in a deal worth Rs 1,672 crore through the open market. GQG Partners Emerging Markets Fund bought...
Ferrovial to sell its 25% stake in London’s Heathrow for $3 billion
Infrastructure giant Ferrovial has reached an agreement with two different buyers to sell its entire 25% stake in Britain’s busiest airport, Heathrow, for 2.37 billion pounds ($3.01 billion) the company said in a...
GMR Airports, affiliates to buy 11% additional stake in Hyderabad airport
India’s GMR Airports and its affiliates will buy an additional 11% stake in GMR Hyderabad International Airport from Malaysia Airports Holding Berhad’s unit, the company said in a statement. GMR Airports...
CVC Capital to buy Dutch firm DIF Capital Partners for $1.1 bln-FT
European private equity firm CVC Capital is on the verge of buying a majority stake in Dutch infrastructure firm DIF Capital Partners in a deal worth around 1 billion euros ($1.08 billion) in a cash and stock deal, the...
Actis to buy Patel Infra’s 5 roads for around $91 mn
Private equity (PE) firm Actis Llp has agreed to acquire five hybrid annuity model (HAM) road projects from Patel Infrastructure Ltd at an equity value of around $91 million, two people aware of the development said...
Asterion, Telefonica explore sale of Spanish IT infrastructure group – sources
The owners of Nabiax, a Madrid-based operator of computer data centres, are exploring a sale of the group that could value it at close to 1 billion euros ($1.12 billion), people familiar with the matter told Reuters...
KKR to buy Navayuga Udupi Toll Road for Rs 924 cr
PE firm KKR has signed agreements to acquire 100% equity stake in Hyderabad based Navayuga group’s toll road – Navayuga Udupi Tollway – for an enterprise value of ₹924 crore, said two sources. Navayuga...