trending Market Intelligence /marketintelligence/en/news-insights/trending/ytstrlxnfisyls3t-9hbqq2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Transurban Group buys Canadian infrastructure

Blog

Corporate & Municipal CUSIP Request Volumes Climb for Second Straight Month

Video

Root & Branch: A monthly review of the sustainable LEVFIN market

Blog

Banking Essentials Newsletter - April Edition

Blog

Can We Uncover The Subtext Behind Credit Ratings Research? Part III


Transurban Group buys Canadian infrastructure

Highways and railtracks company Transurban Group said it clinched a deal with Macquarie Infrastructure Partners to acquire 100% of the equity interest in a 7.2-kilometer toll road and bridge in Montreal for C$840 million.

The A25 connects Northern Montreal across the Rivière des Prairies to commercial and residential areas. It opened to traffic in 2011 with the concession ending in 2042.

Transurban CEO Scott Charlton the deal is part of the company's focus on heavily congested, urban areas with strong demographics.

The deal also includes unspecified transaction costs of C$18 million.