
Acquisitions13 Jul 2026, 08:30 pm
Cube Highways Trust Acquires Four Highway SPVs
AI Summary
Cube Highways Trust has entered into definitive Share Purchase Agreements (SPAs) on July 13, 2026, to acquire four Special Purpose Vehicles (SPVs). These acquisitions include the full share capital of Baharampore-Farakka Highways Limited, Devanahalli Tollway Private Limited, and Chenani Nashri Tunnelway Limited. Additionally, Cube InvIT will acquire at least 95% of the equity share capital of Western M P Infrastructure and Toll Roads Private Limited. The transactions are subject to standard conditions precedent, necessary approvals, and closing actions.
Key Highlights
- Cube InvIT to acquire four highway project SPVs.
- Acquisitions include full stake in three SPVs.
- Minimum 95% stake to be acquired in a fourth SPV.
- Transactions are subject to approvals and closing conditions.
Price Impact
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