home All News open_in_new Full Article

AtkinsRealis sells stake in 407 highway, rounding off turn to pure

MONTREAL — AtkinsRealis Group Inc. announced the sale of its remaining stake in Ontario’s 407 toll highway operator in a $2.79-billion deal that caps off the company’s push to become a pure-play engineering firm. The Montreal-based company said Thursday it had signed agreements with subsidiaries of Spanish multinational Ferrovial SE and the Canada Pension Plan […]



AtkinsRealis sold its remaining 6.76% stake in Ontario's 407 toll highway for $2.79 billion to Ferrovial SE and the Canada Pension Plan Investment Board, completing its transition to a pure-play engineering firm. The proceeds will be used to reduce debt, fund acquisitions, and return capital to shareholders.

today 15 h. ago attach_file Economics

attach_file Other
attach_file Events
attach_file Culture
attach_file Culture
attach_file Economics
attach_file Economics
attach_file Economics
attach_file Economics
attach_file Other
attach_file Economics
attach_file Economics
attach_file Economics
attach_file Sport
attach_file Other
attach_file Economics
attach_file Science
attach_file Other
attach_file Economics
attach_file Economics
attach_file Economics


ID: 2402208180
Add Watch Country

arrow_drop_down