HICL Infrastructure Buys Stake in Cross London Trains from Equitix Investment Management
Posted on 08/19/2022
HICL Infrastructure PLC bought a minority equity stake in Cross London Trains (known as XLT) from funds managed by Equitix Investment Management. HICL Infrastructure said that the investment is accretive upon conditions and will be funded with £730 million in a corporate credit facility and existing cash resources. The deal is expected to be completed…
