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02 Dec 2025|India|Toll Roads

Target: ASHOKA CONCESSIONS (5 TOLLROAD BUSINESSES)

Bidder: MAPLE HIGHWAYS

3 Service Providers

2 Bidder | 1 Vendor

10 Dealmakers

9 Bidder | 1 Vendor

n/a

Value

25 Nov 2025|Spain|Toll Roads

Target: ITINERE INFRAESTRUCTURAS SA

Bidder: SWISS LIFE ASSET MANAGERS

6 Service Providers

1 Target | 2 Bidder | 3 Vendor

15 Dealmakers

1 Target | 3 Bidder | 11 Vendor

£ 220 M

Value

06 Nov 2025|India|Toll Roads

Target: THREE HIGHWAY ASSETS (IRB INFRASTRUCTURE TRUST)

Bidder: IRB INVIT FUND

3 Service Providers

1 Bidder | 2 Vendor

7 Dealmakers

1 Bidder | 6 Vendor

£ 704 M

Value

30 Sep 2025|Portugal|Toll Roads

Target: AUTO-ESTRADAS NORTE LITORAL

Bidder: FIRST SENTIER INVESTORS

7 Service Providers

4 Bidder | 3 Vendor

5 Dealmakers

4 Bidder | 1 Vendor

n/a

Value

21 Jul 2025|United Kingdom|Toll Roads

Target: KELTIC TRAFFIC MANAGEMENT

Bidder: BUKO GROUP

10 Service Providers

3 Target | 7 Bidder

8 Dealmakers

6 Target | 2 Bidder

n/a

Value

17 Jul 2025|France|Toll Roads

Target: AXXÈS

Bidder: VINCI AUTOROUTES

5 Service Providers

1 Target | 2 Bidder | 2 Vendor

18 Dealmakers

1 Target | 1 Bidder | 16 Vendor

n/a

Value

10 Jun 2025|Colombia|Toll Roads

Target: SACYR (THREE P3 ASSETS IN COLOMBIA)

Bidder: ACTIS LLP

3 Service Providers

2 Bidder | 1 Vendor

1 Dealmakers

1 Vendor

£ 1.18 B

Value

10 Jun 2025|Denmark|Toll Roads

Target: EPOKE A/S

Bidder: LAGERCRANTZ

5 Service Providers

2 Target | 1 Bidder | 2 Vendor

10 Dealmakers

4 Target | 2 Bidder | 4 Vendor

n/a

Value

28 May 2025|Brazil|Toll Roads

Target: MONTE RODOVIAS SA

Bidder: MACQUARIE ASSET MANAGEMENT

6 Service Providers

1 Target | 3 Bidder | 2 Vendor

13 Dealmakers

1 Target | 8 Bidder | 4 Vendor

£ 260 M

Value

26 Mar 2025|India|Toll Roads

Target: NATIONAL HIGHWAYS AUTHORITY OF INDIA (11 ROAD PROJECTS)

Bidder: NATIONAL HIGHWAYS INFRA TRUST

4 Service Providers

3 Bidder | 1 Vendor

6 Dealmakers

5 Bidder | 1 Vendor

£ 159 M

Value

13 Mar 2025|Canada|Toll Roads

Target: 407 INTERNATIONAL INC

Bidder: PUBLIC SECTOR PENSION INVESTMENT BOARD (PSP INVESTMENTS)

4 Service Providers

1 Bidder | 3 Vendor

17 Dealmakers

1 Bidder | 16 Vendor

£ 1.84 B

Value

13 Mar 2025|Canada|Toll Roads

Target: 407 INTERNATIONAL INC

Bidder: FERROVIAL

5 Service Providers

2 Bidder | 3 Vendor

7 Dealmakers

4 Bidder | 3 Vendor

£ 1.07 B

Value

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