Vinci Subsidiary to Acquire Canada's TNT Group

Date : 04/16/2018 @ 12:26PM
Source : Dow Jones News

Vinci Subsidiary to Acquire Canada's TNT Group

Vinci (EU:DG)
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   By Anthony Shevlin 
 

Vinci SA (DG.FR) said Monday that its subsidiary Eurovia has signed an agreement to acquire Canadian civil engineering contractor TNT group, a subsidiary of Transelec Common Inc.

The French company said the TNT group employs 430 people and generated revenue of 170 million Canadian dollars ($134.7 million) in 2016.

No financial details for the transaction have been revealed.

 

Write to Anthony Shevlin at anthony.shevlin@dowjones.com

 

(END) Dow Jones Newswires

April 16, 2018 12:11 ET (16:11 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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