HCC Concessions Ltd (in which Company, through wholly owned subsidiary HCC Infrastructure Company Limited, holds 85.45%), being the infrastructure development arm of the HCC Group, has executed a definitive agreement in respect of 100% stake sale of Farakka-Raiganj Highways Ltd (FRHL), its concessionaire subsidiary, to Cube Highways and Infrastructure II Pte. Ltd, an entity based in Singapore. — Hindu Business Line

L&L Partners advised Cube Highways led by a team of partners Aditya Periwal and Bikash Jhawar, with managing associate Avinash Subramanian and senior associate Abhishek Mour.

2018-09-28

Deal value: USD 52 million

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