The Competition Commission of India (CCI) approved Cintra’s acquisition of a 24% stake in IRB Infrastructure Trust and MMK Toll Road Pvt Ltd. Cintra, part of the Ferrovial group, will obtain 24% unitholding and commercial rights in the IRB Infra Trust through Cintra SPV 1. Additionally, Cintra SPV 2 will acquire a 24% equity stake and a board seat. IRB Infrastructure Trust, sponsored by IRB Infrastructure Developers and Singapore’s GIC, manages investment in infrastructure projects. CCI also approved IRB’s acquisition of Meerut Budaun Expressway Ltd, the entity behind the Ganga Expressway.