Transurban Group, owner of toll roads in Australia and Virginia, rejected an unsolicited takeover offer from Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan. Join discussion...

A division of the Ontario Municipal Employees Retirement System (OMERS) said it has acquired rail infrastructure firm Nordco Inc. OMERS Private Equity said Monday it bought Wisconsin-based Nordco from funds represented by The Riverside Company. Nordco makes and supplies products to help maintain rail infrastructure throughout North America. Join discussion...

The Texas Transportation Commission gave preliminary approval Thursday to a deal that would cost taxpayers $445 million and attract another $1.5 billion from a team of investors led by Cintra, the Spanish-based toll company with a fast-growing presence in Texas. Join discussion...