Thursday, December 24, 2020

IL&FS gets approval to sell China road asset

IL&FS Group has received Justice (Retd) D.K. Jain's approval for sale of its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC) to China Merchants & PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin), a group company of PingAn Insurance Company of China.

from Economy-News-Economic Times https://ift.tt/3ppkXEv
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