Macquarie to buy toll-road operator for US$533mil


  • Business
  • Wednesday, 31 Aug 2005

SYDNEY: Macquarie Infrastructure Group (MIG), which has interests in 12 motorways worldwide, plans to acquire the operator of the 10-year-old Dulles Greenway toll road in the United States for US$533mil to boost revenues. 

The move by MIG, managed by Australia's largest investment bank Macquarie Ltd, will expand its footprint in North American motorways to four operators. It already has interests in Canada's Chicago Skyway and the SR125 South in the United States. 

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