Liquidity Events

French co. Vinci to acquire Macquarie’s India road assets for Rs.15,000-Cr

Press Release   Economic Times   Safeway Concessions Pvt Ltd  

France-headquartered Vinci Concessions is set to acquire the Indian toll road assets of Australia’s Macquarie Asset Management (MAM) in a transaction valued at about USD 1.6 Billion (INR 15,000 crore enterprise value). This acquisition marks Vinci's re-entry into India's road sector.The portfolio under acquisition, housed within Safeway Concessions Pvt Ltd , comprises nine toll road projects spanning 648 km across Andhra Pradesh and Gujarat. These assets were originally acquired by Macquarie in 2018 under India’s first Toll-Operate-Transfer (ToT) 1 auction.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.