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Vinci Acquires Safeway Concessions' Indian Toll Portfolio for $1.6B

Wall Street Journal US Business •
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Vinci, the French infrastructure giant, has agreed to acquire the Safeway Concessions portfolio from Macquarie Asset Management for approximately $1.60 billion. This deal grants Vinci control over significant toll highway concessions in India, a major market for the company. The transaction underscores Vinci's strategic push to expand its global toll road operations, particularly in emerging markets like India, where infrastructure investment is surging. The $1.60 billion price tag represents a substantial commitment by Vinci to solidify its position in the Indian toll sector.