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The airport’s regulated rate of return may come under fire in a review, according to ratings agency S&P.
India’s GVK moves the $2.3bn greenfield development, initially approved in 2007, to the construction phase.
Europe’s ‘largest private project’ could still face legal challenges, including one backed by London’s Mayor Sadiq Khan.
An unsolicited offer from NZ Super Fund, which has teamed up with CDPQ Infra, has led the government to formally launch a DBFO procurement process for the $830m scheme.
The Dutch fund manager agreed to buy American Roads, which manages five toll assets, including one in Alabama caught in a legal dispute.
Federal budget promises big spending in roads and rail, including up to $3.7bn for a new Melbourne Airport rail link.
The French fund manager has exited its concession at the London hub in a deal believed to value the site at close to £1bn.
Rolling stock lessors in the UK have enjoyed a decade of strong and stable business. Yet this market is being disrupted in a way that presents significant challenges for the incumbents.
The €18bn-plus takeover will end with Atlantia owning 50% of Abertis, ACS owning 30% and its German arm, Hotchtief, holding the remaining 20%.
The sale of its 15 percent share to Atlantia ends the firm’s nine-year interest in the Channel Tunnel operator.
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