Cintra completes acquisition of 24.86% stake in IRB Infra

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Cintra has completed the acquisition of a 24.86% stake in Indian company IRB Infrastructure Developers. The transaction is valued at EUR369 million (US$419.17 million).

IRB Infrastructure Developers is an infrastructure company operating 24 toll road concessions in India. The portfolio includes around 20% of the Golden Quadrilateral and Mumbai-Pune Expressway.

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