
True North exits India's RDC Concrete after 16-year hold

True North has agreed to sell India-based RDC Concrete, a company it has owned since 2005, to private equity-backed online construction marketplace Infra.market.
The size of the transaction was not disclosed, but local media reported it as being approximately $100 million. True North is said to have invested an initial $20 million for a majority stake, committing...
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