I Squared-backed Cube Highways acquired a 39% stake in Ghaziabad Aligarh Expressway from BRNL.

I Squared-backed Cube Highways, a financial planner in Noida, India, acquired a 39% stake in Ghaziabad Aligarh Expressway, an express way in Northern India, from Bharat Road Network, a Road Build Operate Transfer company based in Kolkata. Financial terms were not disclosed. The equity value of the proposed transaction is subject to adjustments of debt and other capital and operational costs at closing date.