{"id":512202,"date":"2022-08-05T12:29:59","date_gmt":"2022-08-05T06:59:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=512202"},"modified":"2022-08-05T12:29:59","modified_gmt":"2022-08-05T06:59:59","slug":"adani-to-buy-macquaries-toll-roads-for-rs-3110-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-to-buy-macquaries-toll-roads-for-rs-3110-crore\/","title":{"rendered":"Adani to buy Macquarie\u2019s toll roads for Rs 3,110 crore"},"content":{"rendered":"<p>Adani Road Transport (ARTL), a fully-owned subsidiary of Adani Enterprises, will acquire Macquarie Asia Infrastructure Fund\u2019s toll road portfolio in Andhra Pradesh and its 56.8% stake in a toll road asset in Gujarat for an enterprise value of Rs 3,110 crore. The transaction is expected to close next month.<\/p>\n<p>\u201cThe portfolio of 972 lane km has a long concession life with established traffic in strategically located and important traffic corridors in western and southern India,\u201d Adani Enterprises said in a statement on Thursday. The two companies have entered into a definitive agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Road Transport (ARTL), a fully-owned subsidiary of Adani Enterprises, will acquire Macquarie Asia Infrastructure Fund\u2019s toll road portfolio in Andhra Pradesh and its 56.8% stake in a toll road asset in Gujarat for an enterprise value of Rs 3,110 crore. The transaction is expected to close next month. \u201cThe portfolio of 972 lane km has a long concession life with established traffic in strategically located and important traffic corridors in western and southern India,\u201d Adani Enterprises said in a statement on Thursday. The two companies have entered into a definitive agreement.<\/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":[130,197,138],"tags":[],"class_list":["post-512202","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/512202","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=512202"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/512202\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=512202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=512202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=512202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}