Atlas Arteria (ASX:ALX) receives anti-trust clearance

Company News

by Rachael Jones

Atlas Arteria (ASX:ALX) is pleased to announce that anti-trust clearance from the European Commission and foreign investment control clearance from the French Ministry of the Economy have now been obtained.

As all conditions have now been satisfied, completion of the APRR transaction is expected to occur by early March 2020.

The APRR transaction will see Atlas Arteria acquire a further 6.14 per cent indirect interest in APRR and ADELAC, implement the new shareholder agreements with co-investors in the APRR structure and terminate all remaining management agreements with the Macquarie Group.

Shares in Atlas Arteria (ASX:ALX)
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.