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Jilin Expressway to buy highway related assets for 533 mln yuan

Thursday, 28 Apr 2016 08:00pm EDT

Jilin Expressway Co Ltd:To acquire advertising management right service of a highway and facilities management right of three highway service zones for about 533 million yuan.

ASTM SpA board approves deal to buy 53.34 pct of Itinera

Monday, 14 Mar 2016 01:31pm EDT

ASTM SpA:‍Board approved deal to acquire 53.34 percent of share capital of Itinera SpA worth 128 million euros.‍Controlling stake in Itinera will be contributed to ASTM through a capital increase (excluding any pre-emptive rights) reserved for subscription by Argo and Codelfa​ ‍Argo Finanziaria SpA ("Argo") is a single-member company and Codelfa SpA ("Codelfa") is its subsidiary; Argo controls ASTM ‍.As a result of contribution, ASTM will assume control of Itinera as it will hold all of its share capital either directly or indirectly.‍As of now, ASTM holds 17.02 percent of Itinera's share capital directly and a further 29.64 percent through subsidiary SATAP SpA​.‍Capital increase involves the issue of maximum of 10,998,600 ASTM shares, for a maximum of 128 million euros, with a maximum premium of 122.5 million euros, at the issue price of 11.64 euros per share.‍Issue of 10,998,600 new ASTM shares will result in 5 percent increase net of treasury shares​ in Argo's equity stake in ASTM (from 56.8 percent to 61.8 percent).Itinera operates in the field of infrastructure works and civil construction​.

Jilin Expressway to issue new shares to acquire company

Friday, 22 Jan 2016 07:00pm EST

Jilin Expressway Co Ltd:To issue 118,469,731 A shares at 4.46 yuan per share to Jilin Expressway Group in exchange for advertising rights of a highway, service franchise of Changchun Service Zone, Siping Service Zone and Gongzhuling Service Zone.Discreet value of the target is 528.375 million yuan.

Abertis Infraestructuras SA gains full control of Chile's Autopista Central

Thursday, 21 Jan 2016 12:01pm EST

Abertis Infraestructuras SA:Acquires, through its subsidiary Inversora de Infraestructuras,​ 50 percent stake in Autopista Central in Chile for 948.0 million euros from the Canadian fund, Alberta Investment Management Corporation.Currently controls 100 percent of the Chilean motoroway.The Chilean acquisition will have positive impact on the company's results, 220 mln euros on revenue and 160 mln euros on EBITDA.Autopista Central, a 61-kilometre concession, is a Chile's premium toll road asset, and the country's busiest road, with average daily traffic of 81,037 vehicles (Sept. 2015).The concession period expires in 2031.

Jilin Expressway to acquire highway-related assets for about 528.4 mln yuan

Friday, 8 Jan 2016 07:00pm EST

Jilin Expressway Co Ltd:Says plans to acquire highway-related assets for about 528.4 million yuan via share issue.

Guangdong Provincial Expressway Development to acquire transportation assets for 4.3 bln yuan

Wednesday, 30 Dec 2015 07:00pm EST

Guangdong Provincial Expressway Development Co Ltd:Says plans to acquire transportation assets for a combined 4.3 billion yuan via share issue.To issue new shares to raise no more than 1,650 million yuan.

Chongqing Road & Bridge to issue shares for stake acquisition and fund raising

Tuesday, 22 Dec 2015 07:00pm EST

Chongqing Road & Bridge Co Ltd:Says to issue 177,793,517 shares at 9.10 yuan per share and pay cash of 419,068,300 yuan in exchange for 100 pct stake in a Jiangsu-based new energy company and 37 pct stake in Chongqing-based highway company.Says the transaction price is 3,197,921,000 yuan in total.Says to issue 341,621,616 shares at 9.25 yuan per share through private placement, to raise up to 3,160 mln yuan.


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