“The Ramky Group, which last fortnight sold a controlling stake in a group company to global private-equity major KKR in a landmark deal, has agreed to sell it’s access-controlled road asset NAM Expressway in favour of the Singapore-based toll roads operator Cube Highways for Rs 1,669 crore. The sale proceeds will enable Ramky Infratech to retire a debt of Rs 1,529 crore at the consolidated level,” reported The Economic Times.
Link Legal India Law Services advised
AZB & Partners acted for
2018-09-02
Deal value: Rs 1,669 Crore
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