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GMR Infrastructure in talks to sell $200 million in road assets

29 Feb 2012 Evaluate

GMR Infrastructure Ltd is in talks with private equity investors to raise roughly $200 million by selling stakes in road projects. The company is in talks with a fund jointly managed by State Bank of India and Australia's Macquarie Group for an investment. It is also in talks with UK-based private equity firm 3i Group Plc and IDFC Project Equity, a fund managed by India's Infrastructure Development Finance Co. GMR is also looking at an eventual initial public offering of its road assets.

GMR Airports Share Price

96.87 0.11 (0.11%)
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Company Name CMP
Dreamfolks Services 85.30
GMR Airports 96.87
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