Eiffage: raises stake in APPR and ADELAC
(CercleFinance.com) - Eiffage has announced that it has completed buying 4% of MAF2's capital, which is a direct and indirect shareholder of APRR (50% minus 1 share) and ADELAC (25.
1%).
This purchase cost 150 million euros, with Eiffage paying for it from its free cash.
"This negotiated transaction allows Eiffage to indirectly strengthen by 2% its ownership in APRR and ADELAC (A41 north) and the accompaniment of MAF2 governance evolution," the company said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
1%).
This purchase cost 150 million euros, with Eiffage paying for it from its free cash.
"This negotiated transaction allows Eiffage to indirectly strengthen by 2% its ownership in APRR and ADELAC (A41 north) and the accompaniment of MAF2 governance evolution," the company said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.