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
2018-09-28
Deal value: USD 52 million
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