S. Korea’s NPS joins int’l buyout of Portuguese toll roads operator Brisa
South Korea’s National Pension Service (NPS) joined Dutch pension manager APG Asset Management and Swiss Life Asset Managers for multi-billion dollar acquisition of a combined 81.1 percent stake in Portugal’s leading toll roads operator Brisa – Auto-Estradas de Portugal (Brisa). The consortium in the biggest-ever Portuguese buyout amidst an ongoing virus pandemic will assume 40.55 percent from London-based Arcus European Infrastructure Fund 1 (Arcus) and another 40.55 percent from Portuguese conglomerate Jose de Mello Group (JdM), according to industry...
