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Ferrovial Sells Its 15% Of Ausol Toll Roads To French Fund Meridiam For 111 Mln Euros

Ferrovial SA FER:

  • SELLS ITS 15% OF AUSOL TOLL ROADS TO MERIDIAM FOR €111 MILLION

  • DIVESTMENT OF AUSOL PRODUCED A CAPITAL GAIN OF €473 MILLION BOOKED IN 2019, WITH RESULT THAT THERE WILL BE NO ACCOUNTING EFFECT IN THE 2022 INCOME STATEMENT

  • DEAL IS PART OF COMPANY'S ASSET ROTATION STRATEGY

  • SALE IS RESULT OF CINTRA EXERCISING PUT OPTION IT HAS HELD SINCE SELLING 65% OF AUSOL I AND AUSOL II TOLL ROADS TO THAT FRENCH FUND IN 2019

  • THIS COMPLETES FERROVIAL'S DIVESTMENT OF THESE ASSETS, WHICH WERE AWARDED IN 1996 AND 1999, RESPECTIVELY

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