IFM Investors said Wednesday it closed its 100 percent by of ITR Concession Company LLC for $5.725 billion. Financial terms weren’t announced. ITR Concession operates the Indiana Toll Road. NEW ...
Capital Brief on MSN
Atlas Arteria says IFM has low level of acceptances for $7b takeover bid
The news: Toll road operator Atlas Arteria said its largest investor and hostile suitor IFM Investors has “at best received a ...
Kroll has described the takeover attempt as neither fair nor reasonable to investors, but IFM says it has “strong ...
The board of the toll road group has the backing of at least one major shareholder. But a hostile takeover from its largest ...
Sydney-listed toll road operator Atlas Arteria Ltd. rejected a takeover bid from its biggest shareholder IFM Investors Pty, saying the bid was too low. “This hostile, highly conditional takeover offer ...
Capital Brief on MSN
IFM Investors hits back at buyout target Atlas Arteria over expert valuation
The news: IFM Investors has hit back at Atlas Arteria’s rejection of its $7 billion hostile takeover bid, calling the company ...
IFM Investors says an independent expert’s valuation of takeover target Atlas Arteria is unbalanced and based on unreasonable assumptions, after it assessed the toll road group to be worth over $1 ...
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