IFM Investors said Wednesday it closed its 100 percent by of ITR Concession Company LLC for $5.725 billion. Financial terms weren’t announced. ITR Concession operates the Indiana Toll Road. NEW ...
IFM Investors has made a $7 billion hostile bid for toll road operator Atlas Arteria, where it currently holds an existing 34 ...
Atlas Arteria shares eased after IFM Investors refined its takeover proposal, following an earlier surge on the initial approach. IFM, already holding a 35% stake, has offered $4.75 per security with ...
Industry super’s IFM Investors has strangled tollroads investor Atlas Arteria with its kitbag of raids, creeps and boardroom games, so it may as well finish the job. The only problem is its intent on ...
Atlas Arteria shares surged after IFM Investors made an unsolicited $6.89 billion cash takeover bid, offering $4.75 per share with a conditional increase to $5.10 if its stake rises above 45%. The ...