Abertis announced this morning that it has closed the acquisition of a 9.65% stake in HIT (owner of Sanef, the French toll road operator) from AXA, which was announced on 1 March. Additionally, the group announced the acquisition of an additional stake from Predica of between 15% and 17%, for a €700-800m sum. This new acquisition would give Abertis a total interest of up to 88% (vs 52.55% on 1 January 2017), for a total investment of €1,640m. With Sanef’s operations already co
29 Mar 2017
Abertis buys another 15-17% stake in Sanef
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Abertis buys another 15-17% stake in Sanef
Abertis Infraestructuras (ABE:BME) | 0 0 -0.2% | Mkt Cap: 19,273m
- Published:
29 Mar 2017 -
Author:
Edouard Enault -
Pages:
2
Abertis announced this morning that it has closed the acquisition of a 9.65% stake in HIT (owner of Sanef, the French toll road operator) from AXA, which was announced on 1 March. Additionally, the group announced the acquisition of an additional stake from Predica of between 15% and 17%, for a €700-800m sum. This new acquisition would give Abertis a total interest of up to 88% (vs 52.55% on 1 January 2017), for a total investment of €1,640m. With Sanef’s operations already co