Private Equity

In India's Highways Sector, Institutional Money Overtakes Promoters | Business Standard News

by business-standard.com posted 4months ago 32 views
India's pecking order in terms of tolling is already headed towards being fund-focussed. : Private equity (PE)-funded Cube Highways closed two road deals in the past month, both bought from promoter-driven and listed entities. Interest from PE, sovereign and pension funds has institutionalised India’s road sector more than ever before. Historically, domestic companies have been keener on returns from construction of infrastructure, including roads, than from operating those assets.

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