Australians Acquire Roads Of Durango

Australians acquire roads of Durango

05/12/2010 14:21


Macquarie Group signed a sale agreement to acquire the company Desarrollos Carreteros del Estado de Durango, a dealership of the companies Rostec de Mexico and Carreteras y Tecnologia en Concretos.

The Australian company dedicated to the development of infrastructure, did not disclose financial details of the operation, but in case of closing, it will get permission to operate and maintain for 20 years, 10 toll free road stretches in the State of Durango.

Macquarie explained that the closing of the transaction is still subject to approval by the authorities and to obtain funding to carry out various projects on highways stretches.

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