{"id":454518,"date":"2021-12-07T09:08:51","date_gmt":"2021-12-07T03:38:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=454518"},"modified":"2021-12-07T10:16:00","modified_gmt":"2021-12-07T04:46:00","slug":"niif-kkr-adani-bidders-for-brookfields-india-road-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/niif-kkr-adani-bidders-for-brookfields-india-road-business\/","title":{"rendered":"NIIF, KKR, Adani bidders for Brookfield&#8217;s India road business"},"content":{"rendered":"<p>Close to a dozen suitors have shown interest in acquiring Peak Infrastructure, the Indian road platform of Brookfield Asset Management, said multiple people aware of the development. About 12 non-disclosure agreements were signed with the interested parties and bids will be in by December-end, said one among the sources.<\/p>\n<p>KPMG is advising Brookfield on the sale process. The deal size may range between $1.2-1.5 billion (Rs 11,000 crore) of enterprise value, said the sources. The names of the potential buyers include KKR, National Investment and Infrastructure Fund (NIIF), Adani NSE 1.47 % Group, Cube Highways, Macquarie, Actis, Canadian funds &#8211; CPP Investments and CDPQ, IRB Infrastructure and Edelweiss Infrastructure. French infrastructure major Vinci Concessions, which has been looking for a re-entry in India, may also bid for the assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Close to a dozen suitors have shown interest in acquiring Peak Infrastructure, the Indian road platform of Brookfield Asset Management, said multiple people aware of the development. About 12 non-disclosure agreements were signed with the interested parties and bids will be in by December-end, said one among the sources. KPMG is advising Brookfield on the sale process. The deal size may range between $1.2-1.5 billion (Rs 11,000 crore) of enterprise value, said the sources. The names of the potential buyers include KKR, National Investment and Infrastructure Fund (NIIF), Adani NSE 1.47 % Group, Cube Highways, Macquarie, Actis, Canadian funds &#8211; [&hellip;]<\/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":[130,193,136],"tags":[],"class_list":["post-454518","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454518","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=454518"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454518\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=454518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=454518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=454518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}