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VINCI — M&A Activity 2013
Dec 20, 2013
1752_iss_2013-12-20_f74c0053-abee-4618-8b03-e5ddea3422b1.pdf
M&A Activity
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Paris, December 20, 2013
Press Release
Colas is selling its 16.67% stake in Cofiroute to VINCI Autoroutes
Colas and VINCI Autoroutes have reached an agreement whereby Colas is to sell its 16.67% stake in Cofiroute to VINCI Autoroutes. The transaction is priced between a minimum of €780 million and a maximum of €800 million, subject to certain operational assumptions being realised over the 2014- 2015 period. The transaction will be concluded on 31 January 2014 at the latest.
Cofiroute is the concession company of 1,100 km of motorways in western France and the A86 Duplex tunnel in the Paris region.
Press contacts: Colas Delphine Lombard +33 (0)1 47 61 76 17 [email protected]
Stéphanie Beauvais +33 (0)1 47 61 73 34 [email protected] VINCI Maxence Naouri +33 (0)1 47 16 31 82 [email protected]