{"id":482847,"date":"2022-04-07T08:47:05","date_gmt":"2022-04-07T03:17:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=482847"},"modified":"2022-04-07T09:15:55","modified_gmt":"2022-04-07T03:45:55","slug":"actis-to-buy-400-million-road-assets-from-indias-welspun-group","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/actis-to-buy-400-million-road-assets-from-indias-welspun-group\/","title":{"rendered":"Actis to buy $400-million road assets from India&#8217;s Welspun Group"},"content":{"rendered":"<p>Actis is nearing a deal to acquire a portfolio of road assets from India\u2019s Welspun Group for about $400 million, according to people familiar with the matter.<\/p>\n<p>The buyout firm is in advanced talks for the assets and is set to beat out a number of rival bidders, the people said.<\/p>\n<p>A deal could give the conglomerate\u2019s road portfolio an enterprise value of about $1.2 billion, one of the person said. An agreement could be reached in the coming weeks, the person said. Talks could still fall apart and other bidders could emerge, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Actis is nearing a deal to acquire a portfolio of road assets from India\u2019s Welspun Group for about $400 million, according to people familiar with the matter. The buyout firm is in advanced talks for the assets and is set to beat out a number of rival bidders, the people said. A deal could give the conglomerate\u2019s road portfolio an enterprise value of about $1.2 billion, one of the person said. An agreement could be reached in the coming weeks, the person said. Talks could still fall apart and other bidders could emerge, they said.<\/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-482847","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\/482847","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=482847"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/482847\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=482847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=482847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=482847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}