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New Deal


Announced

Completed

BCI and Mubadala completed a $630m investment in Cube Highways InvIT.

Financials

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Transaction Value£506m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

InvIT

Completed

Minority

Acquisition

Private

Single Bidder

India

Private Equity

Cross Border

infrastructure services

Infrastructure Funds

Synopsis

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Private equity firm British Columbia Investment Management and Mubadala, completed a $630m investment in Cube Highways InvIT, an infrastructure investment trust. “This marks a significant milestone in the development of India’s infrastructure sector and InvIT in particular. The trust in Cube by such marquee investors affirms its capability and personnel. The Board and Cube’s team are eager to work with all stakeholders to continue generating value and worth for all. I’m thrilled to participate in Cube’s journey towards a more prosperous and sustainable future," U K Sinha, Cube Highways Independent Director.

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