Abertis Confirms It Will Purchase Two Major Toll Roads from State Bank of India and Macquarie

Business Standard reports, “Spain’s Abertis, an international operator of toll roads, will buy stakes in Trichy Tollway Private Limited (TTPL) and Jadcherla Expressway Private Limited for $128 million, the company said in a statement on Tuesday. Abertis [link deleted] has entered into an agreement with SBI-Macquarie Infrastructure Trust and Macquarie SBI Infrastructure Investments Pte Ltd to pick up stakes in these assets.” Click here to read Abertis’ news release on the acquisition agreement.