MAIF Investments India Re6.8 billion acquisition of 70% of Swarna Tollway

28/10/2015

Private acquisition

Value:

Re 10.3 billion

Dollar value:

$ 160.112 million

Status:

Announced

Date:

28/10/2015

Overview:

MAIF Investments India has acquired 70% of the shares in Swarna Tollway, for Re10.03 billion from IJM Corporation.
Swarna is a road construction company and concessionaire of sections of National Highways 5 and 9.
MAIF is an investment management firm.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sectors:

Transport
Construction and materials

Firms:

AZB & Partners

Party: MAIF Investments India 3 Pte (Acquirer)

Lawyer: Bahram Vakil

Desai & Diwanji

Party: Swarna Tollway (Target)

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