PARIS (AFX) - Eiffage SA and Macquarie Infrastructure Group (MIG) have filed with the French markets regulator for approval of a bid to buy the minority stakes in motorway operator APRR, at a price of 61 eur per share.
Earlier this week, the Eiffage/MIG consortium completed its purchase of a 70.2 pct APRR stake held by the French state, which was sold as part of the government's privatisation programme. The consortium currently owns a total 74.7 pct stake in the company.
If the consortium acquires over 95 pct of the APRR shares, it will proceed with a squeeze-out offer for the remaining shares, also at 61 eur per share.
APRR shares were suspended from trading on the Paris bourse this morning, and will remain so until further notice. The shares closed last night at 61.25 eur.
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