Announced
Completed
Maeda completed the acquisition of a 26% stake in Maeda Road Construction for $808m.
Financials
Transaction Value£648m
Consideration TypeCash
Capital Owned25%
Capital Bid For26%
EV/Sales-
EV/EBITDA-
Share Price Premium50%
One Off Charge-
Tags
Completed
road construction
Toll Roads
Majority
Tender Offer
road project
Single Bidder
Japan
road building
road networks
Acquisition
Public
Hostile
Synopsis
Japanese builder Maeda completed an acquisition of Maeda Road Construction, an affiliate and road paving firm for $808m. Maeda said it had secured 21.8m shares or a 51% stake in Maeda Road. Maeda already owned 24.68% in Maeda Road.
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