3i India invests $61m in Supreme Infrastructure
3i India will pay $61 million for a minority stake in a portfolio of four road companies held by Supreme Infrastructure India (SIIL), a Mumbai-based infrastructure company. The private equity firm will take a 49% stake in SIIL's subsidiary Supreme Infrastructure BOT Holdings.
The investment is being made from 3i's $1.2 billion India Infrastructure Fund. Launched 2007, the vehicle focuses on power, ports, airports and road projects. This latest transaction takes spending to...
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