Business & Finance
Canada’s PSP Is Said to Mull $1.5 Billion Sale of Roads in India
Key Points
Canada’s PSP Is Said to Mull $1.5 Billion Sale of Roads in India The Public Sector Pension Investment Board is exploring options for its roads in India, including a sale, according to people familiar with the matter. The Canadian pension fund known as PSP Investments is working with an adviser on the potential divestment, the people said, asking not to be identified because the considerations are private. It may seek a valuation of $1.5 billion for the roads, including debt, the people said.
Canada’s PSP Is Said to Mull $1.5 Billion Sale of Roads in India
The Public Sector Pension Investment Board is exploring options for its roads in India, including a sale, according to people familiar with the matter.
The Canadian pension fund known as PSP Investments is working with an adviser on the potential divestment, the people said, asking not to be identified because the considerations are private. It may seek a valuation of $1.5 billion for the roads, including debt, the people said.