India: CPPIB-backed IndInfravit to acquire Sadbhav’s nine road assets for $960m

India: CPPIB-backed IndInfravit to acquire Sadbhav’s nine road assets for $960m

Photo: Reuters

IndInfravit Trust, an infrastructure investment trust (InvIT) sponsored by the L&T Group, on Monday said that it is acquiring nine operational road assets from Sadbhav Infrastructure Project Ltd for 6,610 crore.