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Safeway comprises a portfolio of nine toll road concessions located in Andhra.
Macquarie Asset Management sold Safeway Concessions to VINCI Highways for nearly Rs 15,000 crore.
KEY POINTS
- Safeway's portfolio includes nine toll road concessions totaling nearly 700 kilometres in Andhra Pradesh and Gujarat.
- VINCI Highways' acquisition of Safeway marks its first entry into India's roads sector.
- Financial close of the transaction is expected by the end of 2026.
COMPANIES
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