Debt-laden IL&FS announces completion of 49% stake sale in China road asset

IL&FS completes stake sale in China road asset; deal to address Rs 2.600 cr debt | Business Standard News

Read more about IL&FS completes stake sale in China road asset; deal to address Rs 2.600 cr debt on Business Standard. Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Thursday announced completion of 49 per cent stake sale in its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC).The stake is sold to China Merchants & PingAn

span.p-content div[id^=div-gpt]{line-height:0;font-size:0} Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Thursday announced completion of 49 per cent stake sale in its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC). The stake is sold to China Merchants & PingAn Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd (PingAn).

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