Cash-Rich Abertis Searching For Deals

Spain’s Abertis de Infraestructuras is sitting on a Euro 2.1-billion (US$2.4 billion) pile of cash that it wants to leverage to Euro 4 billion (US$4.5 billion) to buy highway assets in the U.S., Canada, Australia and Europe. In the meantime, it agreed this month to make further investments in France and Brazil, it said in a report to Spain’s stock market regulator, and is in talks to buy an Italian road.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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