Reliance Infra in talks to sell Rs. 1,400 cr worth of road assets to Cube Highways.

Cash strapped-Reliance Infrastructure is in talks with Singapore based-Cube Highways to sell four operational road assets at a potential enterprise value of around Rs. 1,400 crore, two industry sources told ET.

The Anil Ambani-led infrastructure company is scouting for investors for its road assets as part of the strategy to divest assets, raise money and pare debt.

ET