BBGI Global Infrastructure S.A. (LSE:BBGI) entered into an agreement to acquire 25% stake in Center Hospitalier de l'Université de Montréal from Obrascón Huarte Lain, S.A. (BME:OHLA) for CAD 88.2 million on October 20, 2021. The consideration for the acquisition of the 25% interest is subject to certain adjustments and is being funded from drawing upon the company's £230 million (CAD 391.3 million) corporate revolving credit facility and existing cash resources. The completion of this acquisition is subject to certain conditions including consent from the public sector client, lenders and other approvals..
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- BBGI Global Infrastructure S.A. entered into an agreement to acquire 25% stake in Center Hospitalier de l'Université de Montréal from Obrascón Huarte Lain, S.A. for CAD 88.2 million.