13 Oct 2016
Abu Dhabi IA Purchase of Abertis Chilean Toll Roads Business
Abu Dhabi Investment Authority Investment in Abertis Chilean Toll Road Business - Abertis reached an agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority, which will resulted in the latter achieving a minority 20% economic stake in Abertis’ Chilean assets. The transaction valued the company at EUR3.7Bn (100% EV without a control premium).
Abertis’ business in Chile generated €220Mn in revenues and EUR166Mn in EBITDA in the first half of 2016. Abertis is the largest toll road operator in Chile in terms of traffic, managing six concessions totaling 771 kilometres.
Ashurst advised the Abu Dhabi Investment Authority.
Financial Centre : London Law Firm : Ashurst Lawyer : Jan Sanders
Practice Area : Project Finance and Infrastructure Classification : Transfer of Infrastructure Assets Sub-classification : Road Assets Industry : Construction & Materials
Advised Party : Purchaser Value USD Equiv: 500.01-1000.00
Editorial
13 Oct 2016 Abu Dhabi IA Purchase of Abertis Chilean Toll Roads Business
Abu Dhabi Investment Authority Investment in Abertis Chilean Toll Road Business - Abertis reached an agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority, which will resulted in the latter achieving a minority 20% economic stake in Abertis’ Chilean assets. The transaction valued the company at EUR3.7Bn (100% EV without a control premium).
Abertis’ business in Chile generated €220Mn in revenues and EUR166Mn in EBITDA in the first half of 2016. Abertis is the largest toll road operator in Chile in terms of traffic, managing six concessions totaling 771 kilometres.
Ashurst advised the Abu Dhabi Investment Authority.
Financial Centre : London
Practice Area : Project Finance and Infrastructure
Classification : Transfer of Infrastructure Assets
Sub-classification : Road Assets
Industry : Construction & Materials
Advised Party : Purchaser
Value USD Equiv: 500.01-1000.00
Assets Jurisdiction : Chile