MADRID, Sept 3 Spanish toll road operator
Abertis said on Monday U.S. fund Brookfield
Infrastructure would buy 5 percent of the firm's shares
as part of a joint deal to buy a stake in OHL's highway
assets in Brazil.
Abertis, which announced its partnership with Brookfield in
August, said the U.S. fund will buy 4.9 percent of Abertis'
shares at 10.68 euros ($13.44) per share, close to the closing
price for Madrid-listed Abertis shares on Monday.
Abertis and Brookfield will exchange 10 percent of Abertis'
total shares for Participes Brasil, which owns 60 percent of OHL
In a stock market notice, Abertis said the deal should be
done before the end of November. The firm is waiting for a
decision from Brazilian regulators over whether it would have to
bid for the remaining stake of OHL's Brazilian unit.