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... For the full story register now for free or login below...