Automotive technology company Continental and US-based conglomerate 3M have partnered to evaluate ways to improve road infrastructure and related technologies.
Goldman Sachs Group is reportedly in advanced stage of negotiations to offload its majority interest in Mexican private tollroad operator Red de Carreteras de Occidente (RCO).
The Government of Ghana has signed a loan agreement with the Kuwait Fund for Arab Economic Development to finance its Dome-Kitase Road renovation project.
Hyundai Motor Group has become a shareholder in Ionity, a joint venture (JV) between BMW Group, Ford Motor Company, Daimler, and the Volkswagen Group with Porsche.
Singapore-based Cube Highways and Infrastructure, a subsidiary of I Squared Capital, has entered into an agreement with Dilip Buildcon to acquire five road projects in India.
Tata Realty and Infrastructure (TRIL) is looking to sell four of its Indian road projects after entering negotiations with Singaporean sovereign fund GIC.
Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) is reportedly set to acquire three road projects from Essel Highways for an enterprise value of almost Rs35bn ($508.5m).
Italian global infrastructure company Salini Impregilo has submitted a revised offer to acquire domestic rival Astaldi in a bid to further consolidate its position in the market.
India-based infrastructure company GMR Group is planning to sell its interests in four road projects by the end of this year to cut its debt.
The National Investment and Infrastructure Fund (NIIF) has signed an agreement with the National Highways Authority of India (NHAI) for financing large road projects.