Abu Dhabi Investment Authority $300 million acquisition of minority stake in Cube Highways and Infrastructure

6/11/2017

Private acquisition

Value:

$ 300 million

Status:

Announced

Date:

6/11/2017

Overview:

Abu Dhabi Investment Authority (ADIA) has acquired a minority stake in Cube Highways and Infrastructure for $300 million.
Cube is a road management and highways operator.
It was setup by I Squared Capital and the IFC.
ADIA is also looking to invest up to $1 billion in new capital.

Sam Duke - Editor

Jurisdictions:

India
Singapore

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Transport

Firm:

AZB & Partners

Party: Cube Highways and Infrastructure (Target)

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