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Market Chatter: Canada's PSP Investments Weighs Sale of India Roads Assets

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The Public Sector Pension Investment Board, known as PSP Investments, is exploring options for its road assets in India, including a potential sale, Bloomberg News reported, citing people familiar with the matter.

The Canadian pension fund is working with an adviser on a possible divestment and could seek a valuation of about $1.5 billion, including debt, according to the report.

The discussions are private and could change, the report added.

The Public Sector Pension Investment Board did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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