{"id":408935,"date":"2021-04-03T12:04:09","date_gmt":"2021-04-03T06:34:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=408935"},"modified":"2021-04-03T12:04:09","modified_gmt":"2021-04-03T06:34:09","slug":"ilfs-completes-stake-sale-in-china-road-asset-deal-to-address-rs-2600-crore-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-completes-stake-sale-in-china-road-asset-deal-to-address-rs-2600-crore-debt\/","title":{"rendered":"IL&amp;FS completes stake sale in China road asset; deal to address Rs 2,600 crore debt"},"content":{"rendered":"<p>MUMBAI: Debt-laden Infrastructure Leasing and Financial Services (IL&amp;FS) on Thursday announced completion of 49 per cent stake sale in its Chinese road asset &#8211; Chongqing Yuhe Expressway Co Ltd (CYEC).<\/p>\n<p>The stake is sold to China Merchants &amp; PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd (PingAn), a fund jointly owned by PingAn Insurance and China Merchants, a release from IL&amp;FS Group said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Debt-laden Infrastructure Leasing and Financial Services (IL&amp;FS) on Thursday announced completion of 49 per cent stake sale in its Chinese road asset &#8211; Chongqing Yuhe Expressway Co Ltd (CYEC). The stake is sold to China Merchants &amp; PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd (PingAn), a fund jointly owned by PingAn Insurance and China Merchants, a release from IL&amp;FS Group said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,209,143],"tags":[],"class_list":["post-408935","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408935","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=408935"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408935\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=408935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=408935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=408935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}