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Primav Ecorodovias buys Brazilian motorway concession

Impregilo SpA, a Milan-based construction giant, said that its Brazilian unit, Primav Ecorodovias, has finalised an agreement for the acquisition from Argentina's Sideco group of 100% of the capital of "Rodovia das Cataratas, a Brazilian motorway concession. The acquisition is worth an overall amount of 425 million Reals (approximately 162 million euro at the current exchange rate).

Formed in 1997, the "Rodovia das Cataratas" motorway concession controls a total of 387 kilometres of motorway and links the city of Guarapuava with the city of Foz do Iguacu in the State of Paranà.



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