Eiffage strengthens its ownership in APRR and ADELAC and is supporting the
evolution of the governance of its co-shareholder MAF2
Eiffage has entered today into an agreement with a view to acquire 4% of MAF2
capital, an indirect shareholder of APRR (50% less 1 share) and of ADELAC
Once completed, this negotiated transaction with the current MAF2 shareholders,
representing a net investment of close to 150 million euros, will allow Eiffage
to indirectly strengthen by 2% its ownership in APRR and ADELAC (A41 north)
through MAF2 and to support the evolution of its governance.
Furthermore, and with a view to assist APRR in its missions, a services
agreement(1) will be entered into with Eiffage.
Finally, APRR shareholders have decided to launch the work for the APRR and
Eiffarie early refinancings.
This investment in MAF2, which will be financed by Eiffage using its available
cash, is subject to usual and regulatory conditions precedents and should be
closed during the 1st semester of 2020.