Cintra completes acquisition of 24.86% stake in IRB Infra
Date
January 07, 2022
Type
M&A Transactions
Subtype
Transaction completed
Countries
India
Subsectors
Road
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Cintra has completed the acquisition of a 24.86% stake in Indian company IRB Infrastructure Developers. The transaction is valued at EUR369 million (US$419.17 million).
IRB Infrastructure Developers is an infrastructure company operating 24 toll road concessions in India. The portfolio includes around 20% of the Golden Quadrilateral and Mumbai-Pune Expressway.
