World & BusinessActis merges 11 Indian road assets into a roughly $1 billion trust
Bloomberg reports that the assets came from two funds and were transferred after Actis raised 11.8 billion rupees from investors.
TLDR
Actis combined 11 Indian road assets from two funds into an infrastructure investment trust valued at about 100 billion rupees ($1 billion), Bloomberg reports. The transfer followed Actis raising 11.8 billion rupees from investors.
Actis merges 11 Indian road assets into a roughly $1 billion trust
Bloomberg reports that the assets came from two funds and were transferred after Actis raised 11.8 billion rupees from investors.
TLDR
Actis combined 11 Indian road assets from two funds into an infrastructure investment trust valued at about 100 billion rupees ($1 billion), Bloomberg reports. The transfer followed Actis raising 11.8 billion rupees from investors.