Mundys (formerly: Atlantia SpA)

Report Publication Announcement • Dec 30, 2020

Press Release

ABERTIS COMPLETES THE ACQUISITION OF ELIZABETH RIVER CROSSINGS IN THE UNITED STATES

Rome, 30 December 2020 - Atlantia informs that the subsidiary Abertis Infraestructuras, in consortium with Manulife Investment Management, has today completed the acquisition of 100% of the share capital of the parent company that holds the concession (until 2070) of the Elizabeth River Crossings tunnels in Virginia, for a total consideration of approximately €1.0bn.

In details, within the consortium, Abertis will hold 55.2% of the capital of Elizabeth River Crossings. Abertis (and therefore Atlantia) will control the company by fully consolidating it in its financial statements.

With this transaction, which follows the expansion in Mexico announced in June with the acquisition of RCO, Abertis confirms its ability to continue to further diversify its business abroad.

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