M&A Activity • Nov 4, 2016
M&A Activity
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Vélizy-Villacoublay, 4 th November 2016
AREA, APRR subsidiary, has signed an acquisition contract regarding the Bouygues Group's entire 46.1% interest in ADELAC capital.
ADELAC is the concessionaire until 2060 of the A41 North motorway linking Annecy to Geneva in the continuity of the APRR & AREA network. ADELAC was created in 2005 with AREA as a 49.9% shareholder. ADELAC opened to traffic in 2008 and is managed by AREA.
Following the Bouygues group project to initiate the disposal of its 46.1% of ADELAC capital, AREA has exercised its pre-emptions rights for €130 million. As part of an internal restructuring of this holding, it is planned that AREA will subsequently sell those 46.1% to Eiffage and Macquarie Autoroutes de France 2.
Eiffage's interest in ADELAC capital will remain accounted for as an associates in Eiffage accounts.
Investor relations Press contact Xavier Ombrédanne Sophie Mairé Tel.: + 33 (0)1 71 59 10 56 Tel.: + 33 (0)1 71 59 10 62 E-mail : [email protected] E-mail : [email protected]
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