
Cube Highways to acquire NIIF’s Athaang Infrastructure Road assets in $725 million deal
New Delhi: Cube Highways Trust has signed share purchase agreements (SPAs) to acquire three road assets from the National Investment and Infrastructure Fund’s (NIIF) Athaang Infrastructure for an enterprise value of $725 million. Mint had earlier reported that Cube Highways, one of India’s largest private toll road operators, was the frontrunner to acquire these assets…