IL&FS selected to buy a concession stake in China

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IL&FS selected to buy a concession stake in China ILFS Transportation Networks Ltd has been selected as the preferred bidder for the acquisition of 49 per cent equity interest in Chongqing Yuhe Expressway Co Ltd, which operates 58 km of Yu He Expressway in Chongqing in Southwest China, with toll concession rights till 2032.
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