May 9, 2018 / 10:37 AM / 5 months ago

BRIEF-Allianz and CPPIB anchor investors in India's First Private Infrastructure Investment Trust

May 9 (Reuters) - Allianz SE:

* SAYS ALLIANZ AND CANADA PENSION PLAN INVESTMENT BOARD ACT AS ANCHOR INVESTORS IN THE FIRST PRIVATE INFRASTRUCTURE INVESTMENT TRUST (INVIT) IN INDIA, SPONSORED BY L&T INFRASTRUCTURE DEVELOPMENT PROJECTS LTD.

* COMBINED, CPPIB AND ALLIANZ WILL ACQUIRE 55% OF THE UNITS IN THE TRUST

* TRUST WILL FOCUS ON DEVELOPMENT OF TOLL ROADS AND ROAD INFRASTRUCTURE IN INDIA Source text: bit.ly/2I85h3w Further company coverage:

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