{"id":271403,"date":"2019-04-27T05:01:52","date_gmt":"2019-04-27T05:01:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271403"},"modified":"2019-04-27T05:04:33","modified_gmt":"2019-04-27T05:04:33","slug":"ilfs-arm-itnl-international-to-sell-49-stake-in-its-china-road-jv","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-arm-itnl-international-to-sell-49-stake-in-its-china-road-jv\/","title":{"rendered":"IL&amp;FS arm, ITNL International to sell 49% stake in its China road JV"},"content":{"rendered":"<p>ITNL International, a subsidiary of the bankrupt infra lender Infrastructure Leasing &amp; Financial Services (IL&amp;FS) is looking to sell its 49 percent stake in Chongqing Yuhe Expressway Company in China, the company said Friday. <\/p>\n<p>The Singapore-based ITNL International is a wholly- owned subsidiary of IL&amp;FS Transportation Networks. <\/p>\n<p>The balance 51 percent is owned by local partner Chongqing Expressway Group, one of the largest state-owned enterprises in China&#8217;s Chongqing with USD25 billion in assets. <\/p>\n<p>Chongqing Yuhe Expressway holds a concession for a tolled expressway of around 58.72 km in mainland China, over which it has the right to collect toll.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITNL International, a subsidiary of the bankrupt infra lender Infrastructure Leasing &amp; Financial Services (IL&amp;FS) is looking to sell its 49 percent stake in Chongqing Yuhe Expressway Company in China, the company said Friday. The Singapore-based ITNL International is a wholly- owned subsidiary of IL&amp;FS Transportation Networks. The balance 51 percent is owned by local partner Chongqing Expressway Group, one of the largest state-owned enterprises in China&#8217;s Chongqing with USD25 billion in assets. Chongqing Yuhe Expressway holds a concession for a tolled expressway of around 58.72 km in mainland China, over which it has the right to collect toll.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-271403","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271403"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271403\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}