Friday 10 May 2024

Autopistas Minority Shareholder Sells To Major Shareholder

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10 May 2024 - At The Banks - Source: BCCR

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inicio1Autopistas del Sol, the concessionaire of the Ruta 27 or commonly known as the San José – Caldera, is now under control of one owner.

Auotipstas made the announcement that minority shareholder, Sacyr sold its interest (35%) to majority shareholder, Global Via Infraestructuras, S.A, who know owns 100% of the shares of Autopistas. Bot Sacyr and Global Via are Spanish companies.

The sale is reported at 103.3 milion Euros (US$136.2 million dollars).

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Reports that the Global Via has purchased Autopistas del Sol or the highway, a public road in Costa Rica, are confusing.

Globalvia,  is a unit of Spanish builder FCC and nationalized lender Bankia ,  a Spanish banking conglomerate that was formed in December 2010, consolidating the operations of seven regional savings banks. As of 2012, Bankia is the fourth largest bank of Spain with 12 million customers.

Global Via engages in developing and operating infrastructures in Spain, the European Union, North America, and Latin America. Its infrastructure portfolio includes motorways, metropolitan railways and tramways, commercial ports, airports, hospitals, public buildings, leisure ports, tolled highways and tunnels, non users-tolled highways, marinas, and seaports. The company was founded in 2007 and is based in Madrid, Spain with additional offices in New York, New York; Dublin, Ireland; Mexico; and Santiago de Chile, Chile.

The Ruta 27 is a 76.8 kilometre road from La Sabana (San José) to Caldera (Puntarenas).

Sources: Wikipedia, Bloomberg, Autopistas del Sol

 

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