Globalvia Inversiones, S.A.U. agreed to acquire 34% stake in Vespucio Norte motorway and San Cristobal tunnel in Chile from Brookfield Asset Management Inc. (TSX:BAM.A) on September 14, 2021. The terms of the deal were not disclosed, however as per speculations the purchase price was €340 million. The operation is subject to the approval of the shareholding change by the entities that participate in the financing of the assets, so the closing date of the transaction will depend on it. Nicolás Balmaceda and Bernardo Simian of Barros & Errázuriz Abogados acted as a legal advisor to Globalvia Inversiones, S.A.U. Banco Santander, S.A. Munita & Olivarría, Aon plc, VTM Global, TYPSA and E&Y advised Globalvia Inversiones, S.A.U. JPMorgan Chase & Co. (NYSE:JPM) served as a financial advisor and Carey Abogados acted as legal advisor to Brookfield. Santander UK plc also acted as financial advisor to Globalvia Inversiones, S.A.U.

Globalvia Inversiones, S.A.U. completed the acquisition of 34% stake in Vespucio Norte motorway and San Cristobal tunnel in Chile from Brookfield Asset Management Inc. (TSX:BAM.A) on November 17, 2021.