Adani Ports agrees to acquire L&T subsidiary for US$280 million
Larsen & Toubro (L&T) has disclosed to the stock exchange that it has entered a share purchase agreement regarding the sale of a 97% stake in Marine Infrastructure Developers Private Limited (MIDPL), which is responsible for the construction, maintenance, development and operation of Kattupalli Port, to Adani Ports and Special Economic Zone Ltd (APSEZ).
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Country news
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July 02, 2018
Odisha to set up 20 hospitals in PPP mode
The Odisha government will set up 20 hospitals through the public-private partnership (PPP) mode in order to improve healthcare facilities in the state.
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May 24, 2018
Cerestra Advisors launches education infrastructure fund
Cerestra Advisors, a Real Assets focused private equity firm based in Hyderabad, has launched a US$300 million offshore education-infrastructure fund.
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May 21, 2018
The Rohatyn Group acquires US$750 million J.P. Morgan Asian infrastructure platform
The Rohatyn Group (TRG), a specialized asset management firm focused on emerging markets, and J.P. Morgan Asset Management have announced that TRG has acquired the J.P. Morgan Asian Infrastructure & Related Resources Opportunity (AIRRO) platform.
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May 16, 2018
Indian planning to tender 4000km road PPPs
The Chief Minister of Andhra Pradesh, a state in the south-east of India, has decided to hand over the management of state highways to the private sector under a Public Private Partnership (PPP) scheme. In total, the highways span 4,000km.
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May 11, 2018
Edelweiss Financial raises US$300 million for infrastructure fund
Edelweiss Alternative Asset Advisors Limited (EAAA), a leading player in the Alternative Private Debt in India has garnered its base offering size of INR2000 crores (US$296.63 million) for its Edelweiss Infrastructure Yield Plus Fund.
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