Cintra Chile Buys Fifth Highway Section

Highways operator Cintra Chile has paid $11 million to acquire 100% of the capital of Sociedad Concesionaria Autopista del Bosque, which owns the Chillán-Collipulli section of the Panamerican Highway in the country. Cintra Chile, a subsidiary of Spanish firm Cintra, in turn part of Ferrovial, bought the company from French road constructor Vinci. Cintra already owns four sections of the Highway in Chile.