CPPIB-led InvIT set to buy Brookfield's India road business

The transaction values the equity of the five operational road assets that Brookfield owns through platform Peak Infrastructure Pvt Ltd at around ₹6,000 crore. The business has debt of ₹3,000-3,200 crore. All these are under long-term concession agreements with the National Highways Authority of India (NHAI).

from Stocks-Markets-Economic Times https://ift.tt/wJqzirG