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New Deal


Announced

Completed

Cintra completed the acquisition of a 24.86% stake in IRB Infrastructure Developers for $429m.

Financials

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Transaction Value£311m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Public

highway construction

Toll Roads

India

Friendly

Minority

Single Bidder

Acquisition

Completed

Synopsis

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Cintra, a private developer of transport infrastructur , completed the acquisition of a 24.86% stake in IRB Infrastructure Developers, an Indian highway construction company, for $429m. "Our international experience as an investor and operator would optimize IRB’s operational capacity and ESG compliance, a field in which Cintra and Ferrovial are international leaders," Andrés Sacristán, Cintra CEO.

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