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Squared Capital

Funds in race to buy NCC’s highway assets

Tuesday, April 22nd, 2014 No Comments »

Funds in race to buy NCC’s highway assets
NCC is looking to reduce its debt and is negotiating with potential buyers to sell two highway assets.  Squared Capital, IDFC and Acropolis Capital are in the race for the two assets. The assets are Meerut-Muzaffarnagar highway and the Bengaluru-elevated expressway. NCC is expecting to obtain a combined enterprise value of aroundRs 2,000 crore from [...] Continue Reading »



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