Deals
Actis Nearing Deal for Welspun’s $400 Million Road Assets
- Private equity firm in advanced talks for Indian portfolio
- Deal could give assets enterprise value of about $1.2 billion
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Actis is nearing a deal to acquire a portfolio of road assets from India’s Welspun Group for about $400 million, according to people familiar with the matter.
The buyout firm is in advanced talks for the assets and is set to beat out a number of rival bidders, the people said, asking not to be identified as the information is private.