Bridgepoint interested in Ferrovial's Cintra

It is believed that Bridgepoint is among the interested bidders for Ferrovial's parking lot division Cintra, valued at approximately EUR500m. Other interested parties include France's Vinci Group, which already operates in Spain, and Isolux-Corsan, a Spanish corporate which reportedly has approached private equity firms to present a joint offer.

The company has a large network with close to 300,000 spaces in 140 cities in Spain, Andorra and the UK. Ferrovial is expected to start accepting offers from 16 February. The process is being led by Credit Agricole and BBVA.

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