Announced
Financials
Tags
operation of toll highways
roads
Majority
Pending
Acquisition
Private
Spain
Toll Roads
Single Bidder
Friendly
Synopsis
Meridiam, a global investor and asset manager, agreed to acquire 65% stake in Autopista del Sol, concessionaire of the Costa del Sol toll road, from Cintra, a Ferrovial's subsidiary, for $505m (€447m). Cintra will retain a 15% interest in the share capital of Ausol. This acquisition reinforces Meridiam leading position in the field of road infrastructure with a portfolio of 2,000km worldwide.
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