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of <h1>Cintra Gets CCI Nod for 24% Stake Acquisition in IRB Infrastructure Trust and MMK Toll Road.</h1> The Competition Commission of India has approved a proposed combination involving Cintra's acquisition of stakes in IRB Infrastructure Trust and MMK Toll Road Private Limited. Cintra InvIT Investments B.V. and Cintra IM Investments B.V., subsidiaries of the Ferrovial group, will acquire approximately 24% of the unitholding in IRB Infrastructure Trust and a similar equity shareholding in MMK Toll Road Private Limited, along with board representation rights. IRB Infrastructure Trust operates 14 highway assets in India, and MMK Toll Road Private Limited manages these investments. A detailed order from the CCI is forthcoming.
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