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New Deal


Announced

Sombath Phanichewa, Ademas, Annop Limpraset, Walaiporn Somphakdee and Paway Chuengsappaisan to acquire a 29.5% stake in Don Muang Tollway from Metro Pacific for $149m.

Financials

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Transaction Value£105m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Thailand

Acquisition

Friendly

Pending

Minority

Toll Roads

Domestic

Private

toll road

Synopsis

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Sombath Phanichewa, Ademas, and three Thai individuals Annop Limpraset, Walaiporn Somphakdee and Paway Chuengsappaisan to acquire a 29.5% stake in Don Muang Tollway, a toll road, from Metro Pacific, a toll road developer and operator, for $149m. “MPTC has decided to take advantage of the increased interest from third parties to acquire MPTC’s entire shareholdings in DMT. The transaction will allow MPTC to realize a gain on its investment in DMT and benefit from the increased liquidity. The proceeds from the sale will be used to fund MPTC’s other projects,” MPIC.

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