Spanish infrastructure and toll road operator Abertis beat forecasts with its growth in nine-month profits thanks to new income streams and said it could improve on those figures for the full year. Join discussion...

Spain's Abertis (ABE.MC) has approved a top management restructuring after its chief executive recently took over the chairman's job, the infrastructure group said in a statement on Tuesday.[nLB295151] Former managing director at Criteria CaixaCorp (CRIT.MC) Francisco Reynes has been appointed managing director for corporate affairs, while that division's former head Josep Martinez Vila has been named managing director for business and operations. Join discussion...

Abertis, the Spanish infrastructure group, on Tuesday unveiled a less-than-expected fall in first-quarter net profit, as acquisitions and steady results at its telecoms business helped offset the impact of reduced traffic on its toll roads and at its airports. The company, which derives half its revenues from outside the recession-hit domestic economy, said net profit for the three months to the end of March was €122m, 9 per cent less than the €134m reported in the same period last year. Join discussion...

Infrastructure Investors (CII), a fund of Citigroup (NYSE:C), will set up a vehicle (Pear Acquisition Corporation) to buy Spanish toll-road company Itinere Infraestructuras SA (MCE:ITI) and sell its assets, ADP News reported on 11 March 2009. Join discussion...

Abertis Infraestructuras SA, Spain’s biggest highway operator, is offering banks more interest to extend a 1.05 billion-euro ($1.3 billion) credit line, according to two people with knowledge of the deal. Join discussion...

Italian motorway operator Atlantia (ATL.MI) continues to look for acquisition opportunities abroad despite turmoil in the markets, CEO Giovanni Castellucci said on Thursday. Join discussion...

Spanish infrastructure company Abertis (ABE.MC) is set to sign a loan for up to 540 million euros ($701 million) to finance its acquisition of Itinere's (ITIE.MC) highway concessions, sources close to the deal said. Join discussion...

Part two of a two-part series. In part one of the series, elected and state officials commented on the tolling of Interstate 80. In this, feature, state officials and others talk about the defeated tolling plan and what else might be done Join discussion...

This transaction gives abertis control over 79% of Rutas del Pacífico (a direct stake of 50% once the acquisition of Itinere's stake is completed, and an indirect stake of 29% through the consortium together with the Santander Infrastructure Fund II). - The consortium will own 50% of Autopista Central via the acquisition of the 48% stake owned by ACS plus an additional 2% from minority shareholders. Join discussion...

Spanish infrastructure operator Abertis is seeking to consolidate its position in a number of its subsidiaries where it does not have management control, Chairman Salvador Alemany said on Tuesday. Join discussion...