Atlantia, Hochtief and ACS completed the acquisition of Abertis for €37.9bn.

Atlantia, ACS and Hochtief completed the acquisition of Abertis Infraestructuras, a Spanish corporation managing toll roads and telecommunication infrastructures, for €37.9bn. Atlantia, ACS and Hochtief acquired indirectly, respectively, 50% plus one share, 30% and 20% less one share of Abertis. Financing package for the deal includes a €3bn amortising term loan, a €4.7bn bridge-to-bond facility and a €2.2bn bridge-to-disposal facility. The transaction included €16.8bn in net assumed debt.