I Squared Capital LLC, through its ISQ Global Infrastructure Fund, is acquiring 100% stake in Jaipur-Mahua Tollways, an operating toll road in India, from IJM Corp. Bhd, Malaysia for Rs.525 crore..Desai & Diwanji acted for IJM Corp. with a team led by Mumbai Partner Ketaki Gor Mehta along with Associates Niharika Mepani and Rahul Deodhar..Luthra & Luthra Partners Sameen Vyas, Manmeet Singh and Suyash Srivastava assisted by Senior Associate Viplav Sharma and Associates Anubha Sital and Shantanu Gupta acted for ISQ..The initial acquisition will be 74%, with the remaining 26% subject to approval from the National Highways Authority of India (NHAI), according to Mint..Image taken from here.
I Squared Capital LLC, through its ISQ Global Infrastructure Fund, is acquiring 100% stake in Jaipur-Mahua Tollways, an operating toll road in India, from IJM Corp. Bhd, Malaysia for Rs.525 crore..Desai & Diwanji acted for IJM Corp. with a team led by Mumbai Partner Ketaki Gor Mehta along with Associates Niharika Mepani and Rahul Deodhar..Luthra & Luthra Partners Sameen Vyas, Manmeet Singh and Suyash Srivastava assisted by Senior Associate Viplav Sharma and Associates Anubha Sital and Shantanu Gupta acted for ISQ..The initial acquisition will be 74%, with the remaining 26% subject to approval from the National Highways Authority of India (NHAI), according to Mint..Image taken from here.