I Squared Capital to buy India toll road from Malaysia's IJM
I Squared Capital, a PE firm set up by former executives of Morgan Stanley’s infrastructure investment unit, has agreed to buy a toll road in northwestern India from Malaysia-based IJM Corp.
IJM said in a statement that it would sell its entire interest in Jaipur-Mahua Tollway Private to ISQ Asia Infrastructure I-A Private for a total consideration of INR5.25 billion ($85 million). The transaction...
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