Brookfield Infrastructure (BIP) teams with Abertis Infraestructurasto buy a 60% interest in OHL...

|About: Brookfield Infrastructure P... (BIP)|By:, SA News Editor

Brookfield Infrastructure (BIP) teams with Abertis Infraestructurasto buy a 60% interest in OHL Brasil, one of Brazil's largest owners and operators of toll road concessions, for $1.7B. BIP plans to invest $250M after the acquisition closes; the JV could launch an offer to buy the remaining 40% of OHL Brasil that is publicly traded, BIP says. BIP -0.9% premarket.