Searched for
CUBE HIGHWAYS ACQUISITION
Cube Highways raises Rs 860 crore from IFC via long-term NCDsOf this, ₹2,248 crore was drawn in June 2024 to acquire six hybrid annuity model projects, while the remaining funds will be used to fund t...
Cube Highways InvIT buys 2 road assets of NIIFCube Highways Trust acquired two road assets from the National Investment and Infrastructure Fund in Jammu and Kashmir. The deal was valued...
L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 croreThe company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6 crore, while ex...
Cube Highways InvIT raises $630 million from BCI, Mubadala & othersOf the total proceeds, Rs 3,474 crore is primary fundraise which will be used to repay or prepay debt of the road projects housed under the...
Cube Highways acquires Baharampore Farakka Highway from HCC GroupApart from the equity consideration of Rs677 crore, HCC is entitled to an additional payout of up to Rs264 crorecontingent on traffic perfo...
HCC posts 45.7 pc decline in net profit to Rs 118.6 cr for Dec quarterIts total income during October-December 2021 stood at Rs 2,695.89 crore, compared with Rs 2,416.93 crore in the year-ago period
NIIF, KKR, Adani bidders for Brookfield's India road businessThe deal size may range between $1.2-1.5 billion (Rs 11,000 crore) of enterprise value.
Canada’s Brookfield aims to sell Peak Infrastructure at a valuation of $1.2 billionBrookfield, which made its India entry in 2014, has deployed about $20 billion in the country till date. Half the amount was invested in in...
Modi's infra push likely to double this highway builder's revenue in 4-5 yearsA custom Bloomberg gauge of Indian road builders has gained 27.6% since the budget was presented on Feb. 1 as compared to a gain of 2.99% i...
HCC shares jump 10% as company completes sale of FRHL to Cube HighwaysHCC Concessions has completed the sale in its road project to Cube Highways. The enterprise value comprised a debt of Rs 905 crore and an e...
Singapore company to acquire RInfra’s Delhi-Agra toll roadThe deal has been signed at an enterprise value of Rs 3,600 crore.
Race on for R-Infra toll road: Global pension funds, road company on Delhi-Agra HighwayReliance Infrastructure’s special purpose vehicle (SPV) DA Toll Road Pvt Ltd operates the 180-km, six-lane road that connects Delhi with Ag...
Cube Highways enters the race for IL&FS’ road projectsThe deal, if it goes through, will give the beleaguered IL&FS much needed liquidity to retire part of its huge debt pile of Rs 91,000 crore.
Brookfield, ADIA-backed I Squared in fray to operate 9 NHAI projectsBrookfield and I Squared Capital, which is anchored by ADIA, are locked in the race to operate and manage nine road projects for the Nation...
Mitsubishi-led group to buy 20% in Cube HighwaysA Mitsubishi Corporation-led Japanese consortium has agreed to buy a 20% stake in Cube Highways and Infrastructure, which is a Singapore-ba...
Abu Dhabi fund to invest Rs 2,000 crore in Cube Highways & InfrastructureCube Highways is an independent, professionally-managed roads and highways platform that owns and operates more than 1,300 lane-kilometres ...
Cube Highways to close Rs 575-crore WUPTL acquisition by MarchCube Highways and Infrastructure is likely to complete its acquisition of Western UP Tollway for an estimated Rs 575 crore by March.