Abertis, Brookfield to launch bid for Brazil's Arteris: Reuters

Spain's Abertis said that, together with a unit of Canada's Brookfield Asset Management, it will launch a bid for the shares of Brazil's Arteris it doesn't already own for 10.15 reais (US$2.87) per share, Reuters reported. The offer, to be finalized May 17, is aimed at de-listing Arteris from the Brazilian market. The São Paulo-based company is an operator of toll road concessions.

18 April 2016•1 min read
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