Konecranes announced that it had entered into an agreement to acquire the Indian crane company WMI Cranes Ltd. Konecranes has now completed the second phase of the acquisition whereby its ownership in WMI has increased from 51 percent to 100 percent.
Konecranes acquired WMI’s shares in two phases. In the first phase in February, Konecranes acquired

HCC Infrastructure Co Ltd, a 100% subsidiary of Hindustan Construction Company Ltd, will raise Rs.240 crore by diluting a 14.5% stake in its wholly owned subsidiary, HCC Concessions Ltd.
The stake is to be acquired by The Xander Group, a global investment firm focused on the infrastructure, hospitality, retail and real estate sectors. The transaction values

According to the Economic Times (ET) of India, Kohlberg Kravis & Roberts (KKR) is looking to acquire an additional 11% stake in Gautam Thapar-controlled Avantha Power and Infrastructure Limited (APIL).
The move will cost KKR an estimated $75 million. This will value the firm at $682 million. KKR had invested $50 million (Rs.217 Cr) in last

Morgan Stanley Infrastructure (MSI), the dedicated infrastructure investing platform of Morgan Stanley (MS), announced Thursday that Morgan Stanley Infrastructure Partners (MSIP), a US$4 billion global infrastructure fund, has committed to invest up to US200 million in a joint venture with Isolux Corsán Concesiones in India.
Grupo Isolux Corsán has also committed to match the investment in

In an announcement on the Bombay Stock Exchange, PBA Infrastructure Limited announced its planning to sell its 49% stake in Aurangabad Jalna Toll Way Ltd (AJTL) to Sadbhav Infrastructure Project Ltd. PBA Infrastructure holds 9, 65,816 equity shares of AJTL.
According to Deal Curry, AJTL, an SPV promoted by Sadbhav Engineering and PBA Infrastructure was incorporated

3i India Infrastructure Fund, an investment fund established by international investor 3i Group plc, (3i) is investing around $111.51 million in KMC Infratech Limited (KMCIL), a subsidiary of KMC Constructions Limited (KMCCL). KMC Infratech was incorporated in 2008 and is the flagship company of KMC Constructions Limited for all its existing and prospective road “build,

Dodsal Group, the United Arab Emirates (UAE) based firm has acquired India’s AE&E IDEA (India) Pvt Ltd, reported the Business Standard. The Dodsal Group is an engineering, procurement and construction company. The acquisition comes as the latest in a string of acquisitions Dodsal has undertaken through its growth strategy.
According to the Business Standard, it adds

The Morgan Stanley’s Global Infrastructure Fund is to invest $200 million in Isolux Corsan’s Indian arm. Isolux Corsan is a Spanish infrastructure firm and the investment will go into Isolux Corsan India Engineering & Construction Pvt Ltd (ICI), the subsidiary. The proceeds raised will be used to fund its existing projects, said the firm.
The Indian

Leighton International Limited and Welspun Group announced they have entered into a joint venture to pursue infrastructure opportunities in the Indian and nearby regional markets, including Sri Lanka. Welspun Group through its closely held entity, Welspun Infra Projects Pvt Ltd., has agreed to acquire 35% strategic stake in Leighton Contractors (India) Pvt. Ltd., Leighton International’s

GVK Energy Ltd, a subsidiary of GVK Power & Infrastructure Limited has raised another Rs.698 Cr from Actis and Government of Singapore Investment Corporation (GIC), after raising Rs.800 Cr from 3i last month. With this deal, the total PE investment in GVK Energy has now gone up to Rs.1,498 Cr for an overall dilution of