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Home » Adani Group to acquire Macquarie Asia’s toll road
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Adani Group to acquire Macquarie Asia’s toll road

Adani Group to acquire Macquarie Asia's toll road
News DeskBy News Desk6 August 2022No Comments1 Min Read
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Adani Enterprises arm Adani Road Transport Ltd will acquire a 100% stake in Andhra Pradesh toll roads portfolio (STPL) and 56.8% stake in Gujarat toll roads portfolio (GRICL), from Macquarie Asia Infrastructure Fund (MAIF).ARTL will acquire 56.8% in GRICL and 100% stake in STPL subject to regulatory approval. The transaction is expected to close in September this year.

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