Transurban acquires A25 toll road and bridge in Montréal

On June 5, 2018, Transurban (ASX: TCL) acquired 100% of the equity interests in the A25 toll road asset and concession in Montréal, from Macquarie Infrastructure Partners.

Transurban has assumed responsibility for the management and operations of the A25. The A25 is a 7.2-kilometre toll road and bridge connecting northern Montreal across the Rivière des Prairies to commercial and residential areas. It opened in May 2011 with a concession to September 2042.

Transurban was represented by Blake, Cassels & Graydon LLP, with a team including Yannick Beaudoin, Patrick Menda, Angelo Noce, Émilie Cazes, Mathieu Nolin and Andrew Krolides (corporate), Alain Massicotte, Clémentine Sallée and Alexis Beaudin-Fol (infrastructure), Xavier Boulet (banking), François Auger and Julia Wang (tax), Marie-Hélène Constantin (regulatory), Aldona Gudas (employment), Julie Soloway and Jim Robson (Investment Canada); and by Hogan Lovells LLP, with a team including Joseph Gilligan and Paul Manca.

Macquarie Infrastructure Partners was represented internally by Louis Paul (Senior Vice President) and Mache Mouzakis (Senior Vice President) and externally by Stikeman Elliott LLP, with a team including Erik Richer La Flèche, Maxime Turcotte, Dominique Rolland, Jérémie Ste-Marie and Vanessa Clusiau (M&A), Luc Bernier and Éric Lévesque (tax), Jeffrey Brown and Michael Rosenstock (competition), Yves Martineau, Pierre Dalphond, Patrick Girard and Marjorie Bouchard (regulatory), Myriam Fortin (environment), Hélène Bussières and Michèle Robichaud (employment), François Gilbert (financing) and Julie Helms (corporate services).

SMBC (Sumitomo Mitsui Banking Corporation) acted as financial advisor to Transurban and Macquarie Capital acted as financial advisor to Macquarie Infrastructure Partners.