Bancomext Sells Chilean Road Concession

Spain’s Global Via has won a bid for 100% of the shares of SCADA and SCADI, two Chilean road concessionaries owned by Mexico’s export bank Bancomext, for $553m. BNP Paribas and Nafin advised on the auction. OHL, Abertis, Autopistas del Pacifico and CCR also participated in the auction process, the bank says. Global Via is a joint venture of Spain’s road developer FCC and savings bank Caja Madrid, focused on infrastructure, railroads, road concessions and port operations.