| Ashurst advised Abertis Infraestructuras S.A. on the investment by a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) in Abertis' Chilean toll road business. The value of the investment of the sovereign wealth fund of the Abu Dhabi emirate implies a cash inflow of €495m (about $710m) for Abertis.
The transaction gives ADIA a 20% interest in the six toll road concessions managed by Abertis in Chile. Abertis, which will retain an 80 per cent interest in the business, is the largest toll road operator in Chile in terms of traffic, with the six concessions totalling 771 kilometres under management..........................................Full Article: Source
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