1.2 billion cash flows for Aktor from the acquisition of Aktor Concessions

Aktor estimates that it will person aboriginal flows of 1.2 cardinal euros implicit the decennary from the full portfolio of concessions and PPPs it is forming, pursuing the acquisition of Aktor Concessions by Ellaktor, which was precocious announced by the Group’s president and CEO, Alexandros Exarchou.

The transaction was made with an endeavor value of 367 cardinal euros. Aktor undertakes to wage the indebtedness of 187 cardinal that Ellaktor has taken retired by “mortgaging” the currency flows of Aktor Concessions and ultimately, aft deducting the currency of the acquired institution (57 million), the currency that Aktor will wage to Ellaktor is 123 million.

The 20 cardinal were fixed with the signing of the agreement, while the remaining magnitude will beryllium paid upon its completion aft receiving the greenish airy from the Competition Commission.

It should beryllium noted that Aktor Concessions has a bulk stake (71.7%) successful the Moreas, Corinth – Tripoli – Kalamata motorway, important stakes (20.5%) successful the Olympia Odos (Athens – Corinth – Patras) and Aegean Motorway (Maliakos – Kleidi) motorways arsenic well arsenic successful the Rio-Antirio Bridge (27.7%). It besides participates successful αυτοκίνητο parking concessions.