Macquarie International Infrastructure Fund Limited (MIIF) (MIIF.SI) said on Monday it has agreed to sell 71.6 percent of its interest or a 4.5 percent stake in Macquarie European Infrastructure Fund (MEIF) to a number of investors for S$132 million ($94.62 million). Join discussion...

Goldman Sachs Group Inc. and Empresas ICA SAB raised 6.55 billion pesos ($478 million) by selling a 32 percent stake in a group of toll highways to investors through a trust fund. The proceeds will be used to pay debt at Red de Carreteras de Occidente, a toll highway holding company known as RCO, ICA said today in an e-mailed statement. Goldman and ICA also will add capital of 2 billion pesos to RCO. After the transactions, Goldman will own about 55 percent of RCO, down from 80 percent, and ICA will own about 14 percent, down from 20 percent. Join discussion...

The new promoter of Maytas Infra Ltd, Infrastructure Leasing and Financial Services Ltd (IL&FS) plans to partner foreign firms to improve the financial position of the troubled company, a top executive said. IL&FS would need at least two quarters to stabilize operations at Maytas and revive the firm before fresh capital infusion can be considered, chairman Ravi Parthasarathy told reporters on Tuesday. Join discussion...

In a bid to tide over its financial crisis, Maytas Infrastructure, the listed company promoted by Satyam Computers’ B Ramalinga Raju, has decided to sell part of its shareholding in Cyberabad Expressway Pvt Ltd and Hyderabad Expressway Pvt Ltd to Terra Projects Ltd, a company owned by the Kolkata-based Neco group. Join discussion...

The SPV will have a total capital cost of $953 million, the company informed BSE. GMR Energy promoted thermal power project in Orissa has achieved a financial closure with Infrastructure Development Finance Company (IDFC) Ltd picking up a 20% stake in project. Join discussion...

Canada Pension Plan Investment Board, the country’s second-biggest public pension manager, agreed to pay A$1.37 billion ($940 million) in cash for Macquarie Communications Infrastructure Group, adding investments in television and radio-transmission towers. Join discussion...

Registered social landlord Accent Group has sold its interest the Leeds Mental Health PFI project to Equitix, the PPP investment company. The project, which comprises seven mental health facilities, provides Leeds with a wide range of mental health services covering all age groups. Join discussion...

Grupo Ferrovial SA may get less than 500 million pounds ($720 million) if it sells a 15 percent stake in U.K. airport operator BAA Ltd. as other asset disposals in the market depress prices, Credit Suisse said. Join discussion...