Tuesday, June 27, 2023

Sekura in talks to buy Ashoka Buildcon's $670 million road assets

"Sekura has started diligence on these roads," one of the sources said. "Ashoka's portfolio is one of the bigger HAM portfolios available and hence it had evinced interest from multiple players," the person said. The portfolio is expected to fetch an enterprise value of close to ₹5,500 crore with equity value of up to ₹1,300 crore, he added.

from Economy-News-Economic Times https://ift.tt/vjXwEFI
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