March 14, 2019 / 8:06 AM / 9 days ago

Reliance Infrastructure to sell north India SPV stake for over $500 mln

March 14 (Reuters) - Reliance Infrastructure Ltd said on Thursday it signed an agreement to sell its stake in special purpose vehicle (SPV) Delhi-Agra Toll Road Pvt Ltd in northern India to Singapore-based Cube Highways and Infrastructure III Pvt Ltd.

The deal is valued at an enterprise amount of 36 billion rupees ($517.11 million), the company said bit.ly/2UC6sya. ($1 = 69.6180 Indian rupees) (Reporting by Chandini Monnappa in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below