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Italian toll-road operator Atlantia SpA (ATL.MI) said Thursday it has sold a 49.99% stake in Chile's Grupo Costanera to Canada Pension Plan Investment Board, a pension fund manager, for about EUR857 million.
-The agreement is subject to completion of Atlantia's own acquisition of Autostrade Sud America Srl, a subsidiary in South America, a deal that it announced in February.
-Grupo Costanera manages highways in Chile.
-By Gilles Castonguay, Dow Jones Newswires; +39 02 5821 9908; [email protected]; Twitter: @GRCastonguay