Ferrovial (FER) has agreed to acquire up to a 5.06% stake in Canadian highway 407 ETR from AtkinsRealis for about 2.09 billion Canadian dollars ($1.45 billion).
The company said the deal is structured in two tranches, with 3.30% to be acquired at closing and the remaining 1.76% deferred for up to 18 months after the close through a put-and-call-option agreement, with the strike price adjusted on an mutually agreed formula.
Ferrovial said that under separate deals AtkinsRealis will sell its remaining 1.7% stake in 108-kilometer Toronto area tollway to Canada Pension Plan Investment Board while Public Sector Pension Investment Board has agreed to acquire a 7.51% interest in 407 ETR from CPP.
The transactions are expected to close in Q2, subject to closing of CPP's sale to PSP Investments, Ferrovial said.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。