ACS, La Caixa confirm talks with CVC on Abertis buyout

The stakeholders have confirmed discussions with CVC for the private equity firm to become a shareholder in Abertis, which may involve a buyout of the developer. Reports suggest CVC will inject the majority of the equity needed for the buyout vehicle with debt coming from a bank club led by Mediobanca. The buyout could be worth over €25bn.

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