IFLR1000

Cube Highways and Infrastructure III Rs36.09 billion acquisition of DA Toll Road

14/3/2019
Private acquisition
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Re 36.09 billion

$ 509.059 million

Completed

14/3/2019

Overview:

  • Cube Highways, toll roads manager and operator, has acquired road operator DA Toll Road from Reliance Infrastructure at an enterprise value of Rs36.09 billion.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Transport

Firms:
Luthra and Luthra Law Offices India

Party: Cube Highways and Infrastructure III (Acquirer)

S&R Associates

Party: Reliance Infrastructure (Seller)

Lawyers: Rachael Israel, Sandip Bhagat

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