Atlas Arteria
This article needs to be updated.(September 2017) |
Company type | Public |
---|---|
ASX: ALX | |
Predecessor | Macquarie Infrastructure Group |
Founded | 2010 |
Website | www.atlasarteria.com |
Atlas Arteria (ASX: ALX), formerly known as Macquarie Atlas Roads, is one of the world's largest developers and operators of private toll roads.
Intoll demerger
Macquarie Infrastructure Group (MIG) had a portfolio of 11 toll roads across seven countries including Australia. In February 2010 MIG underwent a restructure into two separately listed companies; Intoll and Macquarie Atlas.[1] Whilst Macquarie Atlas continues to be managed by Macquarie, Intoll is internally managed. Murray Bleach is the Chief Executive Officer of Intoll.[2]
As of 2010[update], (ASX: ITO) owns and manages a 25.0% interest in the Westlink M7 to the west of Sydney in Australia and a 30% interest in the 108 km-long 407 Express Toll Route in the Greater Toronto Area of Canada.[3]
Intoll was acquired in full by Canada Pension Plan Investment Board (CPPIB) on 14 December 2010.[4]
In 2018, Macquarie Atlas Roads changed its name to Atlas Arteria after an agreement with the Macquarie Group to bring management in-house.[5]
References
- ^ Michael Bennet (22 January 2010). "Macquarie Infrastructure to split into Intoll International, Macquarie Atlas Roads". The Australian. Retrieved 8 August 2012.
- ^ "ASX: Intoll Group (ITO)". Archived from the original on 18 August 2010. Retrieved 23 April 2010.
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: CS1 maint: bot: original URL status unknown (link) - ^ "Intoll: Frequently asked questions". Archived from the original on 25 September 2010. Retrieved 24 July 2012.
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: CS1 maint: bot: original URL status unknown (link) - ^ "Intoll website". Archived from the original on 30 December 2010.
- ^ Jenny Wiggins (9 April 2018). "Macquarie Atlas Roads to become 'Atlas Arteria' after splitting from Macquarie". Australian Financial Review. Retrieved 3 June 2018.