MMC Corp Bhd's subsidiary MMC Port Holdings Sdn Bhd has acquired a the remaining 51% stake in Penang Port Sdn Bhd (PPSB), the operator of Malaysia's oldest port.
Petróleo Brasileiro S.A. – Petrobras has announced it has concluded the sale transaction of 90% of the company's shares in Nova Transportadora do Sudeste (NTS) to Nova Infraestrutura Fundo de Investimentos em Participações (FIP), managed by Brookfield Brasil Asset Management Investmentos Ltda, an entity affiliated with Brookfield Asset Management.
The County of Westchester, in the U.S. state of New York, is seeking proposals from qualified airport management and development entities interested in entering into a PPP with the County under a long-term lease to operate, manage, maintain, and improve the Westchester County Airport.
CVC Capital Partners (CVC) has announced that its Strategic Opportunities Platform has agreed to acquire a 25% stake in CLH, the leading oil transportation and storage company in the Spanish market.
Canadian-based Liberty Living has acquired a £460 million (US$572 million) portfolio of properties from Blackstone becoming the second largest provider of student accommodation in the UK.
John Laing Group plc, the international originator, active investor and manager of infrastructure projects, announces the completion of the disposal of its 30% shareholding in MAK Mecsek Autopálya Koncessziós Zrt., the operator of part of the M6 road in Hungary, for cash consideration of €26.2 million (US$27.9 million), adjusted for both a distribution received by John Laing after the sale was agreed, and interest accrued on the consideration (before costs).
GMéxico Transportes S.A. de C.V. (GMXT), the transportation business unit of Grupo México, and the Florida East Coast Railway Holdings Corp (FEC) have announced that they have entered into an agreement under which GMXT will acquire FEC in an all cash transaction. The acquisition is expected to close subject to satisfaction of closing conditions including the receipt of applicable government approvals.
Abertis has reached an agreement to acquire an additional stake from Predica in Holding d’Infraestructures de Transport (HIT), the company which controls 100% of Sanef, of at least 15% and up to 17%, depending on the preemption rights from remaining minority shareholders.
The owners of Umove have agreed to sell 85% of the shares in Umove A/S to Cube Infrastructure Fund II, a long-term infrastructure fund managed by Cube Infrastructure Managers. The Umove Senior Management team will keep 15% of the shares in the company.
Fairfax India Holdings Corporation has completed its previously announced acquisition of 38% of the outstanding shares of Bangalore International Airport Limited for an aggregate consideration of approximately INR25.22 billion (US$385 million).
Greece has received three binding bids in the privatization process for Thessaloniki Port Authority.
Energias de Portugal, S.A. (EDP) has announced the acquisition of its gas distribution subsidiary in Spain, Naturgas Energía Distribución, S.A. (NED).
PSP Investments through AviAlliance has been selected as the preferred bidder for a 50% stake in Puerto Rico’s Luis Munoz Marin Airport.
Deutch Asset Management (RREEF infrastructure), part of the Deutch Bank Group, has plans to sell its 100% stake in Autovia del Camino toll road project in Spain.
IRB Infrastructure Developers, an Indian highway construction company part of the IRB Group, has announced it has completed the acquisition of remaining 26% stake in M.V.R Infrastructure and Tollways Pvt. Ltd. (MVR) from its previous promoters and other shareholders.
Sacyr, through its subsidiary Sacyr Concesiones, has sold 49% of the concessionaire company Ruta del Algarrobo, which manages La Serena-Vallenar highway.
Hellenic Republic Asset Development Fund (HRADF) has announced it will re-launch a new international tender for the sale of a 66% majority stake in Greece's natural gas transmission system operator DESFA this month.
Canada Pension Plan Investment Board, GIC and The Scion Group acquire US student housing portfolios for US$1.6 billion
Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group LLC have announced that their student housing joint venture entity, Scion Student Communities LP, has acquired three U.S. student housing portfolios for approximately US$1.6 billion.
SUEZ has announced that, together with Caisse de dépôt et placement du Québec, it has entered into a binding agreement to purchase GE Water & Process Technologies from General Electric Company for €3.2 billion (US$3.4 billion) enterprise value in an all‐cash transaction.
Globalvia has announced it has increased stake in Autoestrada Transmontana becoming main shareholder.