News: ALX Australia's Atlas Arteria to raise $2.09 bln to fund Chicago Skyway stake buy

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    Sept 14 (Reuters) - Australian toll road operator Atlas Arteria Group Ltd (ALX) said on Wednesday it would raise about A$3.10 billion ($2.09 billion) to fund a majority stake acquisition in Chicago Skyway.

    The company did not comment on its near-20% shareholder IFM Investor opposing the 66.67% stake acquisition in Chicago Skyway for an equity value of $2.01 billion.

    ($1 = 1.4854 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))

 
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