NDA, S&R lead on GIC 4,400 crore investment in IRB Infra DevelopersAugust 8 2019
Singapore’s sovereign wealth fund GIC is investing ₹4,400 crore in Road developer IRB Infrastructure Developers Ltd.
As part of the transaction, IRB will transfer 9 of its BOT (build, operate and transfer) assets into a private infrastructure investment trust in which IRB will hold a controlling stake of 51 percent
Nishith Desai Associates acted for GIC and the team was led by the expert team comprising Shreyas Bhushan (Senior Associate - PE and M&A) and Devanshi Jaiswal (Associate . . .
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