FRANKFURT: Vinci SA, Europe’s largest construction company, plans to acquire a concession to build and operate a toll-road in Peru’s capital for about 1.5 billion euros (US$1.7bil), betting that Lima’s clogged up road systems will generate demand.
The French builder would takeover toll-road operator Lamsac and its PEX electronic-toll operator from Brazilian owner Investimentos & Participacoes em Infraestrutura SA, the Rueil-Malmaison, France-based company said in a statement. Closing of the deal is expected in the second half.
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