VINCI to acquire a majority stake in an Indian motorway concession

VINCI Highways, a subsidiary of VINCI Concessions, has signed an agreement to acquire a 51% stake in Indian motorway concession company HKR Roadways Limited. HKR has a contract with the Telangana state government for the concession to the SH1 motorway until 2041 . Upon closing, VINCI Highways will invest around €40 million of equity in […]