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Announced

Completed

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

Synopsis

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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