6B USD for a road out of receivership...........................
Like TCL picking up LCT, CCT..................except they paid lower prices
MIG as it was then joined with Cintra to take a 75 yr lease on the Indiana Toll Rd. 4BUSD was the price paid with 85% debt. That was 2006.
A recession ensued. This concession went into receivership.
Now IFM has bought the concession (now 99 yrs) for 6BUSD.
Just to show the value placed on toll roads
6B USD for a road out of receivership..............................
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Last
$13.65 |
Change
0.060(0.44%) |
Mkt cap ! $42.42B | |||
| Open | High | Low | Value | Volume |
| $13.62 | $13.70 | $13.56 | $43.67M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3914 | $13.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.66 | 2641 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |