Radar > 234729

Abertis could bid jointly with big funds for largest UK highway

Abertis podría pujar con grandes fondos por la mayor autopista de Reino Unido

Intel ID : 234729
Synopsis

Abertis (BME: ABE) could be interested in acquiring toll highway M6toll, valued at EUR 2bn, as published by newspaper Expansión on 15 March 2016, citing financial sources contacted by this media.

The sale process would begin after Easter week, and the actual sale, according to the number of submitted offers, could be announced before the summer.

Similar to previous tenders of similar assets, Abertis could be running against international investment firms such as KKR (NYSE: KKR), IFM Investors or Borealis Infrastructure, among others and some sovereign funds.
(content in spanish)

Abertis (BME: ABE) podría estar interesada en adquirir la Autopista de peaje M6toll, valorada en unos EUR 2.000m, según ha publicado el diario Expansión el 15 de marzo de 2016, basándose en fuentes financieras consultadas por el medio.

El proceso de venta del activo arrancaría después de Semana Santa y su venta, en función del número de ofertas presentadas, podría anunciarse antes del verano.

Al igual que en anteriores subastas de activos de similares características, Abertis podría tener como rivales a firmas de inversión internacionales como KKR (NYSE: KKR), IFM Investors o Borealis Infrastructure, entre otros, y a algunos fondos soberanos.

Intel ID 234729
Value EUR 2.000,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Infrastructure / Roads and Highways (Primary)
Infrastructure / Airports
Technology and Telecoms / Telecoms
Primary Sector (TTRSC)
35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

Secondary Sectors (TTRSC)
35.09.01 Aerodromes & Airports
35 Industrials / 35.09 Transport Infrastructure

60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Country

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.