KKR and Sekura among companies in fray for Ashoka’s road assets
Private equity firm KKR, Edelweiss-owned Sekura, I Squared Capital’s Cube Highways and Shrem InvIT are in a race to acquire a portfolio of 11 hybrid annuity model (HAM) road projects of a subsidiary of Ashoka Buildcon, said two people aware of the development. “While many HAM assets are on sale in the market, they are … Read more