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Yo_Mama_Been_Loggin

(108,256 posts)
Sun Apr 17, 2022, 12:50 PM Apr 2022

This is the kind of infrastructure improvements the GOP wanted

China’s Road King, CVC Weigh Options for $1 Billion Toll Unit

(Bloomberg) -- Road King Infrastructure Ltd. and CVC Capital Partners are considering options for a toll road business that could be valued at about $1 billion in a potential transaction, according to people familiar with the matter.

-snip-

RKE operates five expressways in mainland China and three in Indonesia spanning about 600 kilometers in total, according to Road King’s 2021 annual report.

CVC first invested in RKE in 2018, when it bought a 25% stake for about $255 million to help expand the toll road business.

https://www.msn.com/en-us/money/companies/chinas-road-king-cvc-weigh-options-for-dollar1-billion-toll-unit/ar-AAWd3BS
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