M6 Toll sold to pensions fund investor
The M6 Toll is understood to have been sold in a major deal which will probably end speculation about the route being taken back into public ownership.
The 27-mile road, still the UK’s only pay-to-drive motorway, had originally been placed on the market by its consortium of owners four years ago at an asking price of around £2bn.
The sale had been targeted at global infrastructure investors and the eventual new owner – IFM - is an Australian group which invests on behalf of 28 major pension funds.
IFM, which has not decl... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
