M&A Deal Summary

Cube Highways and Infrastructure Pte. Acquires Andhra Pradesh Expressways

On March 14, 2017, Cube Highways and Infrastructure Pte. acquired infrastructure company Andhra Pradesh Expressways from IL&FS Transport Networks

Acquisition Highlights
  • This is Cube Highways and Infrastructure Pte.’s 2nd transaction in the Infrastructure sector.
  • This is Cube Highways and Infrastructure Pte.’s 2nd transaction in India.

M&A Deal Summary

Date 2017-03-14
Target Andhra Pradesh Expressways
Sector Infrastructure
Buyer(s) Cube Highways and Infrastructure Pte.
Sellers(s) IL&FS Transport Networks
Deal Type Divestiture

Target

Andhra Pradesh Expressways

Stantanpuram, India
Andhra Pradesh Expressways Ltd. is a developer of infrastructure projects in India.

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Buyer(S) 1

Buyer
DESCRIPTION

Cube Highways and Infrastructure Pte. Ltd. is a singapore based company invests in road and highway projects along with select other infrastructure sectors in India.


DEAL STATS #
Overall 2 of 6
Sector (Infrastructure) 2 of 6
Type (Divestiture) 2 of 5
Country (India) 2 of 6
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-23 Madhucon Agra Jaipur Expressways

India

Madhucon Agra Jaipur Expressways Ltd. is an operating toll road in India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-18 DA Toll Road Pvt.

India

DA Toll Road Pvt. Ltd. is a toll road in the state of Haryana/Uttar Pradesh, India. DATRPL operates the 180-kilometer, six-lane toll road connecting the national capital, Delhi, with Agra on National Highway (NH) 2. The road is a 26-year concession, granted in 2010, for strengthening and widening the four-lane highway to a six-lane configuration and began collecting tolls in October 2012.

Buy -

Seller(S) 1

SELLER

IL&FS Transport Networks

Mumbai, India

Category Company
Founded 2000
Sector Transportation
DESCRIPTION

IL&FS Transport Networks Ltd. is a provider of transportation services in India.


DEAL STATS #
Overall 1 of 1
Sector (Infrastructure) 1 of 1
Type (Divestiture) 1 of 1
Country (India) 1 of 1
Year (2017) 1 of 1