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New Deal


Announced

VINCI Highways to acquire a 65.1% stake in Strait Crossing Development from OMERS Infrastructure.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned20%
Capital Bid For65%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Acquisition

Pending

Canada

Friendly

Single Bidder

Public Private Partnerships

bridges

Cross Border

Synopsis

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VINCI Highways, a mobility infrastructure company, agreed to acquire a 65.1% stake in Strait Crossing Development, a Confederation Bridge concession contract owner, from OMERS Infrastructure, an asset managing company. Financial terms were not disclosed.

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