Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty
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Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty

By Shubhobrota Dev Roy

  • 15 Jun 2023
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Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty
Credit: Reuters

Private equity major KKR’s roads unit is in discussions to acquire a clutch of road assets from an Indian company for around Rs 9,000 crore (about $1.1 billion), a media report said.   Highways Infrastructure Trust is looking to buy a portfolio of 12 road projects from Agra-based construction firm PNC ......

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