MUMBAI : Edelweiss Infrastructure Yield Plus, an alternative investment fund managed by Edelweiss Alternative Asset Advisors Ltd. (EAAA), along with its portfolio company Sekura Roads Ltd, has acquired two annuity road assets from the Navyuga group.

The deal size is at $140 million on an enterprise valuation basis.The two road assets are Navayuga Dhola Infra Projects Limited (in Assam) and Navayuga Dibang Infra Projects Private Limited (in Arunachal Pradesh).

These assets have been acquired from Navayuga Road Projects Private Ltd, a subsidiary of Navayuga Engineering Company Ltd. Sekura Roads is the road and highway infrastructure platform of the fund, focused on acquiring operating road assets and this is its first acquisition.

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Singapore's Mapletree buys part of Chakan warehouse for $45 million

₹2,400 crore from Canada Pension Plan Investment Board (CPPIB) and Shapoorji Pallonji Investment Advisors. In December 2019, Mapletree bought a prime eight-acre land parcel for ₹170 crore in Pune, near the city’s airport, from Ajanta Enterprise, a special purpose vehicle held partly by real estate construction firm, Vascon Engineers Ltd.

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AstraZeneca agrees to supply Europe with 400 million doses COVID-19 vaccine

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American survived Covid-19 but shocked with hospital bill of $1.1 million

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Coronavirus recovery rate in India crosses 50% even as record new cases added

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Lionel Messi sets another record in Barcelona rout over Real Mallorca in La Liga

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Brad Pitt matches Jennifer Aniston's $1 million donation to racial justice org Color of Change

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Kim Kardashian, Viola Davis And More Demand Investigation After Robert Fuller Was Found Dead Hanging From A Tree

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Nina Agdal joins shirtless beau Jack Brinkley-Cook on a boat ride with his sisters Alexa and Sailor

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Ariana Grande buys swanky £11m LA mansion with fitness studio and infinity pool

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Autopsies slated on man, woman found dead in Lehigh County home

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Salmon sales halted in Beijing as coronavirus found on chopping boards

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Human remains found on Chad Daybell's property confirmed to belong to JJ Vallow, Tylee Ryan

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Rita Ora pens tribute to grandmother following her death

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Love Island’s Malin Andersson shares harrowing photo of bloody nose and tears as she warns about domestic abuse

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Gospel radio host gunned down in Baltimore

shows.The “senseless” shooting that killed her seems to have followed a neighborhood dispute, according to a statement from Baltimore Police spokeswoman Detective Nicole Monroe. She told The Baltimore Sun that investigators have identified a person of interest, but declined to provide any additional information.“We are heartbroken about her passing and remember her beautiful, gentle, sweet spirit today,” the radio station, which is affiliated with NPR, said on Twitter.“It’s one of those kinds of tragedies that just makes you numb,” Carolyn Showell, an official at Womack’s church, told the Sun.

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Hamilton police investigate after racist graffiti found on road

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Another fast radio burst in deep space that repeats has been found and scientists are stunned

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Tara Reid sparks concern after bizarre Loose Women interview with Jedward

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Daisy Hill bridge in Westhoughton 'could be closed to traffic' after government rejects £2.5 million funding bid

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Three Chelsea stars most likely to be sold to fund Timo Werner and Ben Chilwell transfers

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Covid-19: Recovery rate of positive cases in India improves to 49.47%

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Nicki Minaj And Tekashi 6ix9ine Drop Music Video For ‘Trollz’ Collab, Which Will Benefit Fund To Bail Out BLM Protesters

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Arnold Schwarzenegger takes bike ride with kids Christina and Patrick and old pal Ralf Moeller

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Gerard Butler Goes a Bike Ride After His Movie News Gets Announced

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Edelweiss Infra fund buys two road assets from Navayuga for $140 million

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