Sacyr Sells Stake in Chilean Concessions

Sacyr Sells Stake in Chilean Concessions

Chile Europe M&A

Spanish construction company Sacyr has decided to sell 49% of two Chilean motorway concessions to the family offices of Chilean retailer Falabella group. The stakes were sold for a combined EUR177.2m ($231.2m), Sacyr says. Corso and Auguri, both part of the Falabella group, paid EUR120.7m for a stake in the Concepcion-Cabrero motorway concession and EUR56.5m for the Accesos a Iquique motorway. Officials at Falabella and Sacyr could not immediately be reached for comment. In November, the constru

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