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TOESCA – ACQUISITION OF CHILEAN CONCESSION STAKE

31 marzo, 2017

The infrastructure fund Toesca Infraestructura Fondo has acquired a 49% stake in Chile’s concessionaire Sociedad Concesionaria Ruta del Algarrobo from Sacyr Chilean subsidiaries. This is the first investment for the Chilean fund, which acquired 14.700 shares representing a 49% stake in the 187km La Serena Vallenar highway. The transaction amounts to €161m including the underlying debt.