Announced
Financials
Sources
Tags
United States
toll road
highways
Pending
Toll Roads
Cross Border
Friendly
Acquisition
Majority
Private
Infrastructure
Single Bidder
Synopsis
Abertis, a Spanish worldwide corporation engaged in toll road management, agreed to acquire a 55.76% stake in SH288 toll road from ACS Group, a Spanish company dedicated to civil and engineering construction, for $1.5bn. Additionally, Abertis is exploring new investment opportunities in the global markets, while maintaining an optimal capital structure in line with the requirements of credit rating agencies.
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