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New Deal


Announced

KKR to acquire five subsidiaries of Ashoka Buildcon for $178m.

Financials

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Transaction Value£132m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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highway construction

India

Pending

Construction Services

Private

Single Bidder

Acquisition

highway development

Majority

Private Equity

Cross Border

Friendly

Synopsis

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KKR & Co agreed to acquire five subsidiaries of Ashoka Buildcon, a highway developer in India, for $178m. The completion of the transactions is subject to completion of certain conditions precedent including approval of the lenders of the respective subsidiaries and National Highway Authority of India.

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