Abertis 42%, Brookfield Infrastructure 40%, Brookfield Aylesbury 18%
Description of the transaction
In October 2012, Abertis (51%) and Brookfield Infrastructure (49%) acquired 60% of Arteris, a company listed on the Sao Paolo Stock Exchange in Brazil, through a jointly-owned holding company. The partners later launched a public tender offer to purchase the remaining shares. In September 2013, Brookfield Aylesbury acquired a direct stake of approximately 18% in Arteris.
Strategic rationale for the transaction
The transaction enabled Abertis and Brookfield to establish a partnership combining their best practices in the sector, with the aim of developing one of the leading motorway operators in Brazil.