# India plans strategic sale of 99.53% stake in Bridge & Roof Company

The Indian government intends to sell 99.53 percent equity and management control of Bridge & Roof Company through a strategic sale. The Ministry of Heavy Industries oversees the company.

- Type: Acquisition
- Announced: 2017-02-03
- Where: India
- Status: announced
- Products: engineering and construction services
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Government of India](https://endata.com/companies/873.md) (partner)
- [Bridge & Roof Company](https://endata.com/companies/874.md) (target)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/govt-plans-strategic-sale-of-3-psus-merger-of-4/articleshow/56959819.cms), 2017-02-03: "the government intends to go in for strategic sale of 99.53 per cent equity and transfer of management control in Bridge & Roof Company"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.