PE firm RRJ Capital makes $716m bid for toll road operator PLUS Malaysia

PE firm RRJ Capital makes $716m bid for toll road operator PLUS Malaysia

Petaling Jaya, Malaysia. Photo by nik radzi on Unsplash

A consortium led by Asian private equity group RRJ Capital has proposed buying PLUS Malaysia Bhd, the country’s biggest expressway toll firm, for 3 billion ringgit ($716 million), a document seen by Reuters showed.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter