SPAIN - ProA shortlisted for Acciona parking business

The other candidates are Interparking Hispania holding, which is controlled by Belgian bank Fortis, infrastructure group Isolux and Leopoldo del Pino, brother of Ferrovial's CEO. The shortlisted candidates will now present their binding offers.

The enterprise value of the business is thought to be between EUR 150-160m and buyers are expected to finance the acquisition with 50% equity and 50% debt, which means that the buyer will need to put down EUR 75m in cash.

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