PE Fund Investments

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

Economic Times  

Brookfield is in talks to sell its roads portfolio in India to IndInfravit Trust (formerly L&T IndInfravit Trust), an infrastructure investment trust (InvIT) led by fellow Canada-based CPPIB at an enterprise valuation of INR 9,000-9,500 crore.

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