Acciona, S.A. completed the acquisition of an additional 39% stake in ATLL Concessionària de la Generalitat from BTG Pactual Group.
January 30, 2016 at 11:00 pm EST
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Acciona, S.A. (CATS:ANA) agreed to acquire an additional 39% stake in ATLL Concessionària de la Generalitat from BTG Pactual Group (BOVESPA:BBTG11) on December 29, 2015. As a result of transaction, Acciona will get a control of over 78% of ATLL. The transaction is subject to approval from CNMC. As on January 18, 2016, approval was received form competition authority.
Acciona, S.A. (CATS:ANA) completed the acquisition of an additional 39% stake in ATLL Concessionària de la Generalitat from BTG Pactual Group (BOVESPA:BBTG11) in January 2016. The remaining 22% of ATLL will continue belonging to two local shareholders: the families Godia-Torreblanca and Rodés.
Acciona, S.A. is a building and public works group organized around five areas of activity:
- design, construction and maintenance of infrastructures and buildings: roads, highways, tunnels, railroads, hydraulic facilities, wastewater processing plants, parking lots, hospitals, residences, etc.;
- energy services: production of electricity (wind, water, solar, and biomass), engineering and construction of wind power plants, production of aero-generators and bio-diesel fuel;
- water environmental services: design, construction and management of desalination units, distribution of potable water, wastewater treatment, etc.;
- services: cleaning services (streets, hospitals, etc.), airport handling services, collection and processing of wastes, logistics services, etc.;
- other: fund management, securities brokerage services, wine production, etc.