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Commission approves acquisition of Athaang Devanahalli Tollway Private Limited, Athaang Jammu Udhampur Highway Private Limited and Quazigund Expressway Private Limited by Cube Highways Trust and Cube Highways and Infrastructure V Pte. Ltd.

News Competition General Updates
Date: 25th Mar, 2025 Source: Competition Commission of India Country: India Original Source

Brief

"On 25/03/2025, the Competition Commission of India issued an update regarding 'Commission approves acquisition of Athaang Devanahalli Tollway Private Limited, Athaang Jammu Udhampur Highway Private Limited and Quazigund Expressway Private Limited by Cube Highways Trust and Cube Highways and Infrastructure V Pte. Ltd.'". The proposed combination involves the acquisition of 100% shareholding in three special purpose vehicles (SPVs) engaged in operating roads and highways in India, with Cube Highways Trust and Cube Highways and Infrastructure V Pte. Ltd. being the acquirers and target companies respectively.

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Competition Commission of India

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