Tuesday, December 21, 2021

Canadian fund CDPQ buys out Bharat Road Network's Odisha toll road for Rs 2,100cr

Kolkata-based road developer Bharat Road Network has sold its entire 40 per cent stake in the 67-km-long Shree Jagannath Expressway in Odisha to an arm of the marquee Canadian infrastructure-focused fund Caisse de depot et placement du Quebec (CDPQ) for Rs 2,100 crore, according to two sources.

source https://economictimes.indiatimes.com/industry/banking/finance/canadian-fund-cdpq-buys-out-bharat-road-networks-odisha-toll-road-for-rs-2100cr/articleshow/88416161.cms

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