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AtkinsRealis Completes $2.6-Billion Sale of Remaining 6.76% Interest in Highway 407 ET
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AtkinsRealis Completes $2.6-Billion Sale of Remaining 6.76% Interest in Highway 407 ET
Jun 6, 2025 9:12 AM

11:47 AM EDT, 06/06/2025 (MT Newswires) -- AtkinsRealis ( SNCAF ) on Friday said it completed the $2.6-billion sale of its 6.76% in stake in 407 International, the owner of a toll highway in southern Ontario, to a subsidiary of Canada Pension Plan Investment Board and a subsidiary of Ferrovial.

Due to certain adjustments, total proceeds for the complete sale of AtkinsRealis' ( SNCAF ) 6.76% were slightly below the $2.8 billion originally estimated when the sale was announced in March.

The company also said Friday that it has repaid in full the $400 million principal that had been outstanding under its limited recourse loan agreement with a subsidiary of Caisse de depot et placement du Quebec.

AtkinsRealis ( SNCAF ) was last seen down $0.62 to $92.52 on the Toronto Stock Exchange.

Price: 92.61, Change: -0.53, Percent Change: -0.57

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