New owner pledges long-term viability plan for M6 Toll
The new owner of the M6 Toll has said it intends to operate the motorway responsibly to ensure its long-term viability.
IFM Investors, the pension fund owned global investment manager, has acquired a controlling majority stake in the outstanding commercial debt of the pay-to-drive facility.
While not disclosing terms, the deal grants it effective control of the asset. The deal includes the 37 years left on the original 52-year concession agreement.
Christian Seymour, Head of Infrastructure, Europe at IFM Investors, said IFM h... 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...
