CCI Approves Acquisition of Tollway Companies by IRB InvIT Fund
The Competition Commission of India has approved the acquisition of IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, and Kishangarh Gulabpura Tollway Limited by the IRB InvIT Fund. Additionally, Anahera Investment Pte. Ltd. will acquire units of the IRB InvIT Fund. This marks a significant move in India's infrastructure investment landscape, as the IRB InvIT Fund is the first publicly listed infrastructure investment trust in India.
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